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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: JayPC who wrote (348)10/21/2000 5:18:14 PM
From: AhdaRead Replies (1) | Respond to of 24758
 
Jay 47 seems very high as corporate i think is about 41. There have to be some sort of tax shelters available alberta or a method of spreading income out



To: JayPC who wrote (348)10/21/2000 11:19:56 PM
From: GraceZRead Replies (1) | Respond to of 24758
 
The person who explained this to me was a photographer that I worked for that had majored in economics at a liberal arts college here in Maryland. (I only include that info because I know it'll confirm Ah's worse suspicions about the way economics is taught) I don't think he was condoning this as "fair" just trying to explain the thinking behind creating a graduated tax. Actually I had always thought the reasoning behind a graduated tax was to provide a break for lower income earners rather than a punishment for high earners or those that employ others. It doesn't really matter what the intent was, it still winds up punishing people who make more money.

BTW I employ other people in my business and I have also been employed so I understand both being the one who gets to add to someone else's income with my labor but I also know what it is like to have my own capital at risk and sweat out making payroll. One of my specific selling points to my clients is when I explain exactly how much money they can make from what we do for them, with no extra amount of effort on their part.

I've always been very up front in my own business as to who makes what and where the money goes. Every once in a while I get a certain amount of resentment for being the boss making the big bucks while the employee feels that they do more than their share of the work. This is when I explain to them that here in America anyone can be their own boss and open their own business, that in fact they should be taking notes on just exactly how to do it. I also explain that their job has a market value and that they will never make more in compensation than a person that I can replace them with at the same skill level. The same way I will never pay more for supplies that I can get somewhere else cheaper.