Posted on 10/16/2008 8:53:21 AM PDT by reaganaut1
How much can a good, hard-working plumber earn in a year? I have no idea. Maybe some Freepers do.
What are some other unglamorous jobs, that don't require a college degree, that pay well?
He talks about buying more trucks, hiring more people, getting more equipment, etc. He could easily make $400,000 a year AS A BUSINESS - how much he pays himself is up to him.
Plumbers who own their own business, who hire other plumbers, who get a good reputation for good service, who are generally good businessmen...I’d say they could outearn doctors. Certainly some contractors I know have very nice houses and drive very nice cars.
If one thinks that plumbers are little, well, not so smart, try taking a look at plumbing licence exam.
It’s not an easy test to pass.
I know a welder who made over $300,000 last year.
Most plumbers making over $250K have 3+ employees/subcontractors.
Under Obama many will need to reduce their workforce 20%.
Nursing home administrator doesn’t require a degree and salaries vary between $60,000 and mid $200,000s.
http://www.michigan.gov/healthcareers/0,1607,7-221-39742-64785—,00.html
I beleive Pipefitters make good money....
That's not very much money for a hard, dirty, sweaty, all hours of the day and night (plus weekends) job.
I am CEO of two companies, so I know about that which I speak.
A dock worker sitting in a crane all day at the LA Ports unloading cargo makes over $100,000. A sheriff, in OC with overtime has made over $150,000.
But we are not talking about a plumber, owning a large plumbing company with several plumbers working for you is very lucrative. If you listen to Joe the Plumber, its about taking his money and giving it to someone else that is the issue. Why should he be taxed 39% of his income when another American pays nothing for their government.
A great way to encourage people NOT to go to the next level.
Run for Congress.
after 5 years on the job the base pay goes up to around $75,000 but wwith overtime and night differential it'll be easy to make $100,000.
full benefits and pension.
I am a 36 year machinist. At Boeing. I know what they need, and I did it all without a college degree. That is the question at hand.
My cousin’s husband is a plumber in the Denver. He eventually ended up starting and owning his own plumbing business and has 70 plumbers working for him. Needless to say, he is loaded. My cousin was an assistant district attorney in the area and she quit to help run the business. My uncle always says that his son-in-law in the only one in the family without a college education and he is the richest one of us all.
I don’t know how much plumbers earn, but I can tell you two stories:
1. When I was married to a man who was an executive with a major multinational corporation, we lived in one of the most expensive real estate markets in the US. A plumber bought the house across the street from us.
2. Some months ago I had occasion to get an estimate on a plumbing job, the installation of a sink, garbage disposal, and new faucets on existing lines, then connect everything to the new dishwasher. I was quoted $1360, I believe. Could have been a few dollars more. I was appalled and told the plumber that I’d pass. I did the installation myself in a couple of hours, slowed somewhat because people in this family kept asking me to make them dinner and help with their homework and what-not. Doubtless as a pro with proper tools the plumber could have gotten the things installed in less than an hour.
Note that $1300 an hour is more than a surgeon makes.
While America is still America, they can earn whatever they can at prices that the market will bear.
That depends..............
“I know a welder who made over $300,000 last year.
Most plumbers making over $250K have 3+ employees/subcontractors.
Under Obama many will need to reduce their workforce 20%.”
OR... the plumbing companies will raise prices to pay the tax man... businesses don’t pay taxes, customers pay the tax...
One of my colleagues, a Georgia Tech grad, decided programming was not for him and bought a tow truck. In three years, he owned a fleet of them and was well on his way to being a millionaire.
In MA an electrician made $288,000 of course he worked on the big dig and was the father of a democrat state senator but I am sure that is just a coincidence
http://www.freerepublic.com/focus/f-news/1904813/posts
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.