Ding ding ding, winner. Sold some beers for a few years and then flips it for a nice profit.Seersucker Ag 2011 said:
Wonder what will go in that space next. Once the economy recovers, that'll be a good space right across from The Grid.
Ding ding ding, winner. Sold some beers for a few years and then flips it for a nice profit.Seersucker Ag 2011 said:
Wonder what will go in that space next. Once the economy recovers, that'll be a good space right across from The Grid.
You should really brush up on unemployment insurance vs sales tax. Enlightenment is within reach.aTm2004 said:Silky Johnston said:
You sound upset that your "lifetime" membership is now useless.
Never even been there. Just not quite understanding how the government allowing someone to delay paying their taxes to stay afloat and keep their employees during a government ordered shut down is any different than paying the taxes and the government using that money for some type of assistance after you've laid off your employees, who will then begin to draw money from the government.
I Am A Critic said:You should really brush up on unemployment insurance vs sales tax. Enlightenment is within reach.aTm2004 said:Silky Johnston said:
You sound upset that your "lifetime" membership is now useless.
Never even been there. Just not quite understanding how the government allowing someone to delay paying their taxes to stay afloat and keep their employees during a government ordered shut down is any different than paying the taxes and the government using that money for some type of assistance after you've laid off your employees, who will then begin to draw money from the government.
Body By Fisher said:
What's the Grid? Apartments?
The sales tax is NOT a tax to the employer. It is a tax that customers have to pay. Its why you can claim sales taxes paid as a deduction on your tax return. Rather than employ hundreds of thousands of tax collectors to collect the 8.25% from every transaction on site, the logical and easy thing to do is let the restaurant and business collect the tax for them. Letting a business not pay the sales tax bill is not giving the restaurant break. Its letting the restaurant keep money that is not theirs and never was. How is it fair to let one business keep the money to try to stay afloat when it was never theirs. Should they deplete those funds in an attempt to stay open another week or 2, they essentially stole money from their customers when their funds hit zero and now the state has zero tax collected and still will need to pay out the laid off employees unemployment assistance...well the documented ones at least.aTm2004 said:I Am A Critic said:You should really brush up on unemployment insurance vs sales tax. Enlightenment is within reach.aTm2004 said:Silky Johnston said:
You sound upset that your "lifetime" membership is now useless.
Never even been there. Just not quite understanding how the government allowing someone to delay paying their taxes to stay afloat and keep their employees during a government ordered shut down is any different than paying the taxes and the government using that money for some type of assistance after you've laid off your employees, who will then begin to draw money from the government.
Then enlighten us. Both are a tax to the employer.
It's the redevelopment of the old Texas Instruments campus along 59 between Airport and Kirkwood. While the main part is still being developed, there have already been about a dozen restaurants and stores opened up around the outskirts of the development.Body By Fisher said:
What's the Grid? Apartments?
aTm2004 said:
A tax is a tax is a tax, regardless of who pays it. Businesses are failing and the one entity that's directly responsible for it isn't giving an inch at this point. I don't care what business it is, it could be this business or a lawn business who is losing customers because they are among the millions who lost their job. You have private businesses working with people on their mortgages, car payments, etc during this time, but it doesn't seem like the government is doing the same, unless you haven't paid your rent in months and were in the process of getting evicted, then you're golden. Yeah, they're going to take it in and give some of it back in a few weeks to those wondering "what now" and making sure their resume is up-to-date.
I 100% get what cajun is saying. My wife owns a small business and pays the sales tax monthly. It doesn't change what I'm saying. The government could easily say if your business is in industry X, Y, or Z, what is due in March can be delayed until, say May, thus giving some of these businesses much needed cash that could keep the doors open through this.
Every option that's been provided by posters here all involve the same thing...getting government help via tax dollars. One eliminates government delays and when the government gets to take their share and helps the business now, while the other is essentially the same thing, but it's passed through the government system first.
No enlightenment needed nor do I want to argue. Just wondering wondering why waiting on government money in the future is a better option than being able to use the government money you already have now, when it's most needed. Have yet to see a good explanation on it, just explanations on why it's not their money, which I never said it was.
Well that is a stupid thing for him to say, if the location sucked he should have never bought there. But it is a tenth of a mile from the freeway, a mile from the beltway, and is in Stafford where businesses have the best tax break in the city. Throw in the Grid development ongoing across the street and he was in a very good location. It never stopped people from going and it was about to get a lot of people in walking distance.AggieTJ said:
Or he's using this as an opportunity to get out. He's said for years that the Stafford location sucks because it's not on a major freeway, and that it's been hard to make the big acts work financially... and, he's been looking at second location up north.
Maybe RCC North just becomes the sole location.
nah!aTm2004 said:
No enlightenment needed nor do I want to argue.
ding ding ding dingW said:
for the RCC to shut down this quickly...there must have been other stuff going on (as others have alluded to)
Mas89 said:
Speaking of sales taxes, do we really think the convenience stores pay in to the state the 8.25% tax they take in ?
All of it?
Wouldn't it be easy to run a different set of totals?
I agree with this. But based on MB's twitter tirade (mostly since deleted) it sounds like his operation had a number of issues that others should not/don't have.FCBlitz said:
FAll this conjecture.....almost reveling at his "failings" but failing to acknowledging the obvious. ALL businesses like RCC are going to implode if those establishments can not have customers come in and eat, watch shows and spend big money.
That footprint of the RCC is big.....really big and needs lots of utilization. The simple reason the RCC went under is the income well went from a 24" supply line to a 1/2" supply line. Everything down stream almost instantly ran dry.
MB didn't have multiple RCC's which would have provided a deeper base of cash, nor was the RCC to small where the operations really were operated by wife, kid, family members and 4 illegal aliens where they could open without much expenditures.
In the end. If every employee was super happy and everyone loooooved MB. RCC would still have gone under. It really really isn't complicated. No patrons.....no cash. A drive through option wouldn't generate enough revenue to pay for the food served and a few staff. Would not pay the rest of the bills.
So instead on condemning Berry, maybe recognize he did exactly the right thing by shuttering the doors and avoid going down with the ship.
This shutting the economy down for more than a few weeks has got to end. The people who command it will continue to get paid no matter how long this process is extended. The people who own independent small businesses are the ones to get hammered.
Why can I go shop at Walmart and buy a bike and the local independent bike shop has to close. People can freely go shop at food stores but can't eat at a restaurant. Picked up pizza at Dominoes.....eight folks in elbow to elbow confinement complete blowing up the six foot rule and operating with no concern for the virus. These rules were implemented and for a subset of businesses not only is it business as usually......they are seeing there numbers increase because the competition has been Corona'd!
I hate seeing business like RCC go through no fault of their own. Flaws or not.....the RRC was like a deer who go ran over by a speeding Mack Truck resulting in instantaneous death.
FCBlitz said:
All this conjecture.....almost reveling at his "failings" but failing to acknowledging the obvious. ALL businesses like RCC are going to implode if those establishments can not have customers come in and eat, watch shows and spend big money.
That footprint of the RCC is big.....really big and needs lots of utilization. The simple reason the RCC went under is the income well went from a 24" supply line to a 1/2" supply line. Everything down stream almost instantly ran dry.
MB didn't have multiple RCC's which would have provided a deeper base of cash, nor was the RCC to small where the operations really were operated by wife, kid, family members and 4 illegal aliens where they could open without much expenditures.
In the end. If every employee was super happy and everyone loooooved MB. RCC would still have gone under. It really really isn't complicated. No patrons.....no cash. A drive through option wouldn't generate enough revenue to pay for the food served and a few staff. Would not pay the rest of the bills.
So instead on condemning Berry, maybe recognize he did exactly the right thing by shuttering the doors and avoid going down with the ship.
This shutting the economy down for more than a few weeks has got to end. The people who command it will continue to get paid no matter how long this process is extended. The people who own independent small businesses are the ones to get hammered.
Why can I go shop at Walmart and buy a bike and the local independent bike shop has to close. People can freely go shop at food stores but can't eat at a restaurant. Picked up pizza at Dominoes.....eight folks in elbow to elbow confinement complete blowing up the six foot rule and operating with no concern for the virus. These rules were implemented and for a subset of businesses not only is it business as usually......they are seeing there numbers increase because the competition has been Corona'd!
I hate seeing business like RCC go through no fault of their own. Flaws or not.....the RRC was like a deer who go ran over by a speeding Mack Truck resulting in instantaneous death.
Mas89 said:
Well maybe. But not MB it sounds like. Maybe he should parlay his radio stardom like Dan Patrick did and get into state political office. That's a career that appears to pay real well...
Nino Brown said:
Michael Berry is a fat piece of ***** Deserves everything bad coming to him.
Fat? Hasn't he lost like 80+ pounds in the past year?Nino Brown said:
Michael Berry is a fat piece of ***** Deserves everything bad coming to him.