Which is why I refuse to make more than $30,000 per year and instead take 2 month vacations out West on my motorcycle because, well, even if I wanted to work more;
1. Nobody's hiring and
2. Why would I do such a thing when i'd only get to keep half the extra money.
What are you talking about, "nobody's hiring"? Everybody agrees the recession's been over for at least 14 months now.
ReplyDeleteYou clearly aren't a team player. Perhaps if you supported the team more, you'd be hired.
ReplyDeleteWho is John Gault??
ReplyDeleteYou are also forgetting the other half of the equation. The underground economy. More and more people are making business transactions on a cash only basis. This is a huge consequence of oppressive tax regimes. More and more people, become accustomed to doing business under the table. Tax revenues keep falling despite high rates of taxation, and social corruption keeps growing.
ReplyDeleteLow flat taxes enable a booming vibrant economy. High taxes strangle a society into poverty.
I wish I could live on 30K a year and I wish everyone would start living on as little as possible. It is going to happen anyway but I would rather it be sooner than later. The sooner this Federal beast starves to death the better for all of us.
ReplyDeleteNow, here's a million-dollar idea. Set up a website for a clearing house or exchange for only bartered services.
ReplyDeleteUnfortunately, there's that pesky problem with keeping it secured and having only trusted members such that the Feds and the state revenuers can't penetrate the site and audit everyone.
Actually, if you look at the IRS code, you are supposed to report "bartered services."
ReplyDeleteAccording to Stone Street Advisors (http://www.zerohedge.com/article/who-real-taxpayers-are-why-income-inequality-isnt-nearly-much-problem-critics-claim) @ $30K you're JUST outside the TOP 25%
ReplyDeleteComing April 15th
Atlas Shrugged the movie
http://www.atlasshruggedpart1.com/
Isn't there some stat that only something like 50 per cent of workers eligible to pay tax in the US actual pay tax?
ReplyDeleteThe other option, and this for state or localities not bankrupt, is get the highest paying government job you can that requires the least amount of responsibility.
ReplyDeleteI recall working in a state with an income tax for my first job. I did the 401k thing and paid half my health insurance. Before and after my check I estimated 1/3 (that I could visibly count) was sucked by federal, state, and local taxes. Plus, I was of course ecstatic over the 14 days paid time off each year (but doled out sparingly each month).