Random Politics & Religion #02 |
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Random Politics & Religion #02
Ramyrez said: » Asura.Kingnobody said: » What Savael is saying are smaller than even the small mom/pop businesses. Those are the type of businesses that sell from their garage and can be considered to be a hobby in most cases. But still, technically, income/expenditures that taxes should be paid upon. But they're not! Voila! Something you do for fun and make a little money on the side =/= something you want to do for the rest of your life and make a living off of. Ramyrez said: » Ragnarok.Nausi said: » So we're all on board with the cruz tax plan? That's the summary from my 10 seconds of skiming. Only if, by that, you mean that Rooks has put out his own tax plan and you're using our newly-minted nickname for him. FFXIAH Gems, 100 for $5, 500 for $20, 10 gems to edit, 20 to post an image, 500,000 to get Kojo banned. Asura.Kingnobody said: » What Savael is saying are smaller than even the small mom/pop businesses. Those are the type of businesses that sell from their garage and can be considered to be a hobby in most cases. *Cough* Hotdog carts at fairs. Mowing people's lawns and other handyman / service work. I know folks who live off that money, so for them it's a livelihood not a hobby. It's part of being from the lower rungs of the socioeconomic ladder. My younger sister thought being manager at a local pizza place was "really good money".
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Asura.Saevel said: » Asura.Kingnobody said: » What Savael is saying are smaller than even the small mom/pop businesses. Those are the type of businesses that sell from their garage and can be considered to be a hobby in most cases. *Cough* Hotdog carts at fairs. Mowing people's lawns and other handyman / service work. I know folks who live off that money, so for them it's a livelihood not a hobby. It's part of being from the lower rungs of the socioeconomic ladder. My younger sister thought being manager at a local pizza place was "really good money". Asura.Kingnobody said: » Something you do for fun and make a little money on the side =/= something you want to do for the rest of your life and make a living off of. It's not a hobby or for fun, it's used to put food on the table and a roof over their heads.
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Asura.Saevel said: » Asura.Kingnobody said: » Something you do for fun and make a little money on the side =/= something you want to do for the rest of your life and make a living off of. It's not a hobby or for fun, it's used to put food on the table and a roof over their heads. I know several people whom I suspect work and fund themselves this way. Probably all exchanges are far under the tax table.
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Asura.Kingnobody said: » Fair enough. No potential for growth either, so it doesn't interest me. You'd be surprised what can happen when the government cannot lay claim to money they don't know about. It is also a two-way income source. Not only are you saving money from being in a lower tax bracket, not paying taxes on an undisclosed amount of earned money, but a fair amount of the time things actually cost less when using cash only and it can attract more business. So it is rather quite the opposite.. Greater potential for growth. Asura.Kingnobody said: » I don't consider them businesses unless they have a business model or prospect for growth. Not all business wants to grow you know? Asura.Kingnobody said: » Something you do for fun and make a little money on the side =/= something you want to do for the rest of your life and make a living off of. Why do these have to be separate endeavors?
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Altimaomega said: » Asura.Kingnobody said: » Fair enough. No potential for growth either, so it doesn't interest me. You'd be surprised what can happen when the government cannot lay claim to money they don't know about. It is also a two-way income source. Not only are you saving money from being in a lower tax bracket, not paying taxes on an undisclosed amount of earned money, but a fair amount of the time things actually cost less when using cash only and it can attract more business. So it is rather quite the opposite.. Greater potential for growth. And once it starts growing, then it will get large enough that it needs to be tracked and taxed. Lots of business's started that way. Asura.Saevel said: » Altimaomega said: » Asura.Kingnobody said: » Fair enough. No potential for growth either, so it doesn't interest me. You'd be surprised what can happen when the government cannot lay claim to money they don't know about. It is also a two-way income source. Not only are you saving money from being in a lower tax bracket, not paying taxes on an undisclosed amount of earned money, but a fair amount of the time things actually cost less when using cash only and it can attract more business. So it is rather quite the opposite.. Greater potential for growth. And once it starts growing, then it will get large enough that it needs to be tracked and taxed. Lots of business's started that way. Crazy huh! Now if only we could find a way to make the government smaller and take less of our money! Asura.Saevel said: » Altimaomega said: » Asura.Kingnobody said: » Fair enough. No potential for growth either, so it doesn't interest me. You'd be surprised what can happen when the government cannot lay claim to money they don't know about. It is also a two-way income source. Not only are you saving money from being in a lower tax bracket, not paying taxes on an undisclosed amount of earned money, but a fair amount of the time things actually cost less when using cash only and it can attract more business. So it is rather quite the opposite.. Greater potential for growth. And once it starts growing, then it will get large enough that it needs to be tracked and taxed. Lots of business's started that way. Is this an argument for no taxes on small businesses that make less than X dollars a year? or does it extend across individuals too? Being anti-vax not only causes eminent domain laws to apply to you on all your property, but you will also lose custody of your children AND your freedom. You better live in a state that doesn't execute, he would go after that too....
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Asura.Kingnobody said: » Altimaomega said: » You mean you're only allowed to have one safe and it has to be in your business and all the employees must have a key? I am really out of touch, all these new laws I knew nothing about.. If they needed used parts the owner would drive to the wrecking yard and pay cash. I needed a fairly rare transmission, found one in Idaho, was told I would have to pick it up. But I have a credit card so I bought it and had it shipped. It was an all's well that ended well.
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Caitsith.Zahrah said: » Looks like some people got the warm and tinglies in their Look, I've got a lot of ground to make up Whoever amongst you has not pandered, cast the first stone
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Garuda.Chanti said: » I know they payed local suppliers cash, now idea how they payed their employees. More than likely cash under the table. I bet it was more than 15 bucks an hour, especially taking into account for how much they didn't get taken out of their "check" by the government! Altimaomega said: » Not all business wants to grow you know? Altimaomega said: » Why do these have to be separate endeavors?
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Asura.Kingnobody said: » Altimaomega said: » Not all business wants to grow you know? Altimaomega said: » Why do these have to be separate endeavors? I am not talking any "level" I am talking in generalities. You realize supporting yourself is a lot easier when the government isn't taking their cut right? Drama Torama said: » Caitsith.Zahrah said: » Looks like some people got the warm and tinglies in their Look, I've got a lot of ground to make up Whoever amongst you has not pandered, cast the first stone WHAT?!? I thought, at this point in the game, it was mathematically impossible for you to recover.
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Garuda.Chanti said: » Asura.Kingnobody said: » Altimaomega said: » You mean you're only allowed to have one safe and it has to be in your business and all the employees must have a key? I am really out of touch, all these new laws I knew nothing about.. If they needed used parts the owner would drive to the wrecking yard and pay cash. I needed a fairly rare transmission, found one in Idaho, was told I would have to pick it up. But I have a credit card so I bought it and had it shipped. It was an all's well that ended well. I mean, you cannot legally cash checks made out to the company without a bank account associated with that company. That is against anti-money laundering banking laws that also (to nobody's surprise) created foreign accounts reporting laws that pretty much spat in the face of many trade agreements at that time. But still, your example of a cash only, no banking account business is false due to legal standing with receipt of checks. And I bet you that not all checks were made out to that guy himself, but to his business. Altimaomega said: » Asura.Kingnobody said: » Altimaomega said: » Not all business wants to grow you know? Altimaomega said: » Why do these have to be separate endeavors? I am not talking any "level" I am talking in generalities. You realize supporting yourself is a lot easier when the government isn't taking their cut right? Otherwise, go live somewhere by yourself, with only what you can build with your two hands.
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Altimaomega said: » You realize supporting yourself is a lot easier when the government isn't taking their cut right? Well, this works both ways. You're also getting nothing from the government this way either. Admittedly, in some lower income brackets, communities, etc... ...it can really feel like you're not getting much in the first place if you're not living on the dole. Bahamut.Milamber said: » Otherwise, go live somewhere by yourself, with only what you can build with your two hands. This sounds like a ton of fun and a great way to live. Until I run out of Charmin. Asura.Kingnobody said: » Garuda.Chanti said: » Asura.Kingnobody said: » Altimaomega said: » You mean you're only allowed to have one safe and it has to be in your business and all the employees must have a key? I am really out of touch, all these new laws I knew nothing about.. If they needed used parts the owner would drive to the wrecking yard and pay cash. I needed a fairly rare transmission, found one in Idaho, was told I would have to pick it up. But I have a credit card so I bought it and had it shipped. It was an all's well that ended well. I mean, you cannot legally cash checks made out to the company without a bank account associated with that company. That is against anti-money laundering banking laws that also (to nobody's surprise) created foreign accounts reporting laws that pretty much spat in the face of many trade agreements at that time. But still, your example of a cash only, no banking account business is false due to legal standing with receipt of checks. And I bet you that not all checks were made out to that guy himself, but to his business. |
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