Sacramento CA Podiatrists Would See Higher Taxes if Bill Passes
Close to 2,000 Sacramento professional license holders' business taxes will more than double if voters approve Measure C on March 5, the same day the city’s primary election is held. The proposed tax increases would raise the maximum rate by as much as 400% or up to $125,000 a year. Sacramento podiatrist Le Phong, DPM, the incoming president of the California Podiatric Medical Association, said the tax increase will be hard on new podiatrists.
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Dr. Le Phong |
“I guess somewhat established practices should be able to absorb the cost, but for some of the new people coming in, it’s rough,” he said. He said podiatrists already pay thousands of dollars yearly in various fees, taxes, and charges, from maintaining their state license to fees associated with operating x-ray machines and other radiological equipment. Phong said that is in addition to malpractice insurance and paying off student loans.
Source: Randy Diamond, The Sacramento Bee [2/5/24]
