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You also paid 10% of the $216K take-home pay as embedded taxes when you spent it.
I only purchase imported products.
And you wonder why people ridicule you for your lack of math skills. $158K + $59K = $217K collected. And the $158K was not paid by you, but by your customers.
Speaking of math skills so was the $59,000.
But your focus on the taxes collected is all nonsense.
It isn't to the tax collectors who are requiring me to collect and remit it.
Ask yourself this question: Would you rather have a job....
Ask yourself this question: why do you ask that question about jobs when we are talking about a business?...You obviously don't know there is a difference.
My example held your purchasing power identical between the two
How sweet of you but I'm not interested in what YOU do for me.

Meanwhile back on earth if I had employees that would get their gross (100% of their paychecks) why did you arbitrarily choose to reduce my takehome from (PIT)$300,000 gross (I'm self-employed, there are no deductions from my "paychecks") to (AFT) $257,000 gross? Where is it written I should not expect to also get my gross?

BTW, what is it that you think somebody could do with information about gross, profits, etc. of an anonymous poster's business ??

You're right, post your tax returns here then we'll talk about it.

[You're right, post your tax returns here then we'll talk about it.]

I think you skipped a beat. I point out that I asked for no personal information that could be tied back to an anonymous poster, and you turn around and suggest I post what I never requested you provide ?

What sort of substitute for logical thinking do you rely on ?

[... why did you arbitrarily choose to reduce my takehome from ...]

Do you even remember what you wrote that my post was a response to ?

You claimed you would need to charge your customer 30% more than current prices in order to maintain your purchasing power. You said NOTHING about getting the same formulaic benefits as an employee that relies entirely on wages, while the business owner has both a wage and profit component to his income.

If you are about to sputter that you don't have profits and it is all personal wages, then don't bother. From my standpoint, your wages are only the portion that you would have to pay an employee to perform those functions of managing the business.