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To: expat_panama

Here's the problem with a service business: when you stop performing services, the income stops. If you have mining, or farming, or manufacturing, you can hire the productive work and the income continues on.

For example, how much better off is the guy or gal who makes $ 175,000 in dividends and interest ( or other passive income ) than the lawyer or physician who works every day to earn an equal income? When the lawyer or physician takes a month off the income stops.


126 posted on 01/02/2006 9:24:20 AM PST by GadareneDemoniac
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To: GadareneDemoniac
...when you stop performing services, the income stops...

It depends on who "you" is.  I got a buddy that worked years ago as a movie stunt man.  He still gets checks in the mail.  

Democrats love to refer to dividends and interest as "unearned" or "passive" income.  That may be true for Kennedy and Heinz, but those leeches live off our taxes.  People who actually make a living with interest and dividends have to work pretty hard to get things set up enough to make a profit.

138 posted on 01/02/2006 10:10:51 AM PST by expat_panama
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