[savedbygrace]

You and I agree 100% on all this, and we have for a long time.

My business is 100% service. That means that under the FT I would have to increase my rates by about 30% or lose income. No matter what FTers want to call it, that feels very much like an income tax to me.

I wouldn’t argue it from a definitional viewpoint, but from an effect POV. It seems to have the effect of taxing my income.

[Principled]

It seems to have the effect of taxing my income.

Is your income not currently being taxed?!

[Always Right]

My business is 100% service. That means that under the FT I would have to increase my rates by about 30% or lose income. No matter what FTers want to call it, that feels very much like an income tax to me.

Yeah, services get nailed as bad as retirees. It is a 23% gross income tax for service providers.