Quote:
Originally Posted by LATB
Taxes and regulations have taken away the incentive to manufacture anything here anymore.
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Many years ago i looked into setting up a woodworking business. quickly found that every .gov level will have their hand out: up front fees for business license, ongoing fees to keep said license, record keeping every day or week to track income and expenses so i could keep .gov informed of my progress. quarterly payments to .gov for 'gross receipts tax', income taxes, FICA taxes. did the math quickly, found that i'd be handing over about 1/2 my money to these 'partners' i didn't hire.
screw that.
i'm not working past lunch, and in my evenings just to keep .gov happy and full of my sweat labor.
now if i could simply keep what i earn, and not have to keep such close track of things...then i might reconsider.