DanG !! Tom. That is a good answer. I forgot to tell you ahead of time about the meetup at the Hog Jaw Hommonds tower yesterday but you should have bee at that meeting. Man! There was some money people in that room. It is getting good. The meeting at my Church went on until 9;00 that night. From 4;00 pm till 9:00 pm We left the meeting yesterday early. Had some other stuff to do. I wish we could have staied until mid night with them. Got some real good pics. If ya want ta see'em. Larry Fairtax Melton In a message dated 1/4/2009 8:04:39 PM Central Standard Time, t.ma...@gmail.com writes:
Cathy, Before I stepped on board with the FairTax idea I really wanted to see how much it would save me in my business and what I found was I could actually lower my prices by almost $400 a unit and I would not have to pay someone to do my taxes which would save me anywhere from $200 to $400 annually. I don't pay federal taxes on any employee since they are individual contractors and so is my installer. If I were to hire someone for servicing I would get popped with worker's comp insurance cost, SS matching and employee, and any other cost that gets added into it, for this reason I do the servicing of units just so I don't have to comply to the demands of government. Since my business income is added into my annual wage there are times it throws me into a higher tax bracket since I'm not incorporated, I would save this money as well with the FairTax. A big benefit is that by choosing to grow some of your own food you could effectively cut your tax on consumables. Gas taxes and items which are considered excise taxes remain the same but I believe by removing the federal tax element out of the refining process that you would find dropping rates in electric, natural gas, propane, diesel, gas. **************New year...new news. Be the first to know what is making headlines. (http://www.aol.com/?ncid=emlcntaolcom00000026) --~--~---------~--~----~------------~-------~--~----~ This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever. -~----------~----~----~----~------~----~------~--~---
