I don't have three businesses to make more money like you imply. I run the businesses to to avoid paying higher taxes.
I run my businesses my way and pay my taxes. Paying taxes is the only way I "bow to the government" but then you have to pay taxes too so there is no difference between what .
I make approximately $18,000 a year before the losses on my businesses help reduce that for tax reporting purposes. Being self-employed allows you to realize more bang for each buck you make because you can expense things through your businesses before reporting your income to the "Kremlin" as you call it.
I'm not sure what "average" income has to do with it but I'm guessing my $18,000 annual income is less than your "average" income.
And you say you pay taxes every year but I get all of my money back from the IRS every year.
Like I said, running a small business for me is not about making more income, but in reducing the taxes I have to pay the IRS, which allows me to keep what I make.
I don’t have three businesses to make more money like you imply. I run the businesses to to avoid paying higher taxes.
Thing is, I don’t want to go to all that work and then find myself needing an atourney or two on top of the accountant or two. Like I said, I like to keep it simple.
I also confess that I am wrong on this. That is, it is something that was instilled in me as a child and it is a part of my makeup: If you stay small, the government will generally leave you alone. It is now in my DNA.
It’s comical because I have a billionaire sister.