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Old 10-17-08, 02:47 PM
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EMW150 EMW150 is offline
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Join Date: May 2000
Location: Roaring Spring,PA
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Quote:
Originally Posted by Lisa GT View Post
(for about thirty percent of what we make)
You're way low at 30 percent if you look at the whole picture. You're taxed on your labor, then that money is taxed again when you buy anything, then it's taxed again if you sell, then they tax what you made on it. If you own a house you have to pay property taxes on it. Pay taxes on your labor and materials that you change in your house, value goes up....guess what....reassessed for increased taxes...Sell your house....capital gains taxes....The last figure I heard all said and done was about 50 cents on the dollar of taxes. Next they want to tax the carbon that comes out of your lungs when you exhale if your footprint is too big. (since they ruled carbon dioxide a pollutant now in the Supreme Court)
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