Fire destroys Diamond Jim's Sporting Goods

money not a problem wrote:

We grow weed here, money is not a problem we have a great economy, and tax free.

huh wrote:

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No, but R****lican is!

Kimbers feel nice wrote:

<quoted text> Local local local... these folks arent... Id rather go somewhere eles.

pete wrote:

To bad pacific outfitters is not local

pete wrote:

To bad pacific outfitters is not local

nonya wrote:

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They told me it is a mom and pop business, not corp or franchise? None the less they were well needed for our town

reality check wrote:

Sales tax, DROS fees,business fees, Employees wages, etc. all stay "local".
As a former Gun Store Owner I can assure You that these items alone represent a substantial gain to Our Counties coffers. Assuming of course that We support this new Enterprise.

Sgt Pepper wrote:

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With Pacific Outfitters gun prices at MSRP or HIGHER... not to mention everything else at 40%GPM or higher... that's a lot of money going to Humboldt Co. compared to minimal annual bus. lic. fees etc, 8.75% sales tax and DROS fee stays here...? Nawwwww... DROS fee is mandatory cost at 25$ goes to State of CA DOJ.
Sales TAX and Business fee Pfffft...! And wages... c'mon, minimal at 7$- 11$ per hour at best...!?! New employees there lucky to have a new job in this economic climate, they gladly take anything right now! So, good for local employees. However, no big deal to an out of town owned business here in our comminity! How do you think they will pay for MAJOR renovation investment, advertisements and wages etc...'high retail prices', and your money going to Eureka, CA...!

Fishin Mendo wrote:

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OK, so you really need to know the FACTS before commenting. EVERY employee of Pacific Outfitters lives here, including the managers. They BOUGHT the building, so the property tax goes right back to Ukiah. EVERYONE who was contracted to renovate the building was from Ukiah. The sales tax from EVERY sale goes to Ukiah.
This is how a local business should be!

Sgt Pepper wrote:

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You are NOT correct, you DO NOT know what you are saying... I will school you.
Sales tax is charged the consumer by the retail establishment. The retail establishment then turns collected tax monies to the CA State Board of Equalization... the State then allocates that money for various State and local offices for use as follows;
5.00%; State, General Fund
0.25%; State, Fiscal Recovery Fund
0.50%; State, Local Revenue Fund
0.50%; State, Local Public Safety Fund
1.00%; Uniform Local Tax
0.50%; Local County, Transportation funds
1.00%; Local City/County - Operational funds
Therefore, as you can see in the above %'s breakdown the City & County of Mendocino will receive a combined total 13% of the 8.75% of tax collected by the retailer.
Now, get you minimalist mind away from the big picture. The profit for a retail store of this nature, is somewhere in the neighborhood of 40-60% GPM.
I will school you now on Gross Profit Margin (GPM). If you own a business; and you purchase items for resale..., say you purchase a product for $60.00 [cost], and you mark that item up to $100.00... You have made $40.00 [profit], or 40% GPM.
For every dollar you spend at local business, and that business is owned out of County... the profit, enormous in comparison to sales tax/property tax, the PROFIT goes out of County.
I have nothing against out of County business; they do provide work for local citizens. However, the money that ends up staying in County is small in comparison to outgoing profit.
I hope this helps you to better understand, see you jump to conclusion without facts. But that's okay... you DO NOT know of this information, that is quite obvious.