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To: Your Nightmare
Be self-employed for a year then you will know the answer.
39 posted on 09/18/2004 3:57:11 PM PDT by Total Package
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To: Total Package
Be self-employed for a year then you will know the answer.

I'm self-employed for over 20 yrs and here's your answer:

I'd have to raise the price of my services 30% to cover the tax...Why would I lower my service price knowing I have yet to pay tax on any money I choose to, or even have to spend?

If I lower my service price equal to what my income taxes were, what happens when I pay the new federal tax on what I spend?...I lose.

I'll reduce my income when you agree to reduce yours.

50 posted on 09/19/2004 7:35:25 AM PDT by lewislynn (Why do the same people who think "free trade" is the answer also want less foreign oil dependence?)
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