Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Lawn Care, Landscaping, and Property Management Forums > General Talk

General Talk If it doesn't fit anywhere else, post it here.

Fair Tax


General Talk

If it doesn't fit anywhere else, post it here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 07-21-2010, 09:20 PM
swstout's Avatar
swstout swstout is offline
Steve
 
Join Date: Jan 2009
Location: Canastota, NY
Age: 65
Posts: 1,082
Rep Power: 7
swstout is on a distinguished road
Default Fair Tax

You probably have heard about the “Fair Tax”. What is it?
A group known as Americans for Fair Taxation developed the Fair Tax Act of 2003 which would abolish all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes. It would replace them with a federal retail sales tax of 23% to be administered by existing state sales tax authorities. The sales tax would not apply to imports, goods used by businesses to produce other goods, or used goods.
 
Normally, a 23% sales tax would impact the poor the most. Therefore, the Fair Tax Act proposes that a prebate be paid equivalent to 23% of the poverty level. According to the Department of Health and Human Services, the poverty guideline for a family of four in 2008 is $21,200. The Fair Tax act adds an amount to remove the marriage penalty, which raised the income level to $27,380. This means a family of four would receive a check for $525 per month, or $6,297 a year, to cover the cost of the sales tax.
 
What Are the Advantages of the Fair Tax?:
The most obvious advantage is the elimination of the annual income tax headache and cost of tax preparers. Government spending would be reduced by eliminating the IRS. Proponents argue that, since workers would keep 100% of their wages, the increased consumer spending would lead to an increase in GDP, jobs, productivity, and wages.
 
How it would affect Government
  • Government would have to budget according to monthly tax income eliminating the “projected income”
  • Special interest groups will be essentially sidelined
  • Unfunded mandates would be eliminated
  • People will be taxes by what they spend, not what they earn.
  • Government growth would be checked
 Calculate how a “Fair Tax would affect YOU
http://www.fairtax.org/site/PageServer?pagename=calculator
 
Steve
__________________


Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #2  
Old 07-22-2010, 02:21 PM
MAKLawnCutter MAKLawnCutter is offline
Senior Member
 
Join Date: Apr 2010
Location: Central FL
Age: 30
Posts: 249
Rep Power: 5
MAKLawnCutter is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
Itd be like living in the UK

*smilie faces*

Matt
Reply With Quote
  #3  
Old 07-22-2010, 03:31 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,386
Rep Power: 10
Steve has disabled reputation
Default

It seems like over the years, the tax laws have changed from being entrepreneur friendly to being destructive. With the economy being in such a rough spot now, I do wonder if there will be changes coming to be more pro business.
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #4  
Old 07-22-2010, 09:03 PM
swstout's Avatar
swstout swstout is offline
Steve
 
Join Date: Jan 2009
Location: Canastota, NY
Age: 65
Posts: 1,082
Rep Power: 7
swstout is on a distinguished road
Default business tax

Quote:
Originally Posted by Steve View Post
It seems like over the years, the tax laws have changed from being entrepreneur friendly to being destructive. With the economy being in such a rough spot now, I do wonder if there will be changes coming to be more pro business.
Not with this administration! The “stimulus” programs are by law not available to “non union organizations”. Taxes, national health care costs, energy costs (Cap and Trade), Have all businesses afraid to expand or even make plans for their future now.

If the administrations plans for a VAT tax goes thru, add another 10% minimum cost of doing business. If the proposed $1.50 increase in tax on a gallon of gas goes thru, you can guess what that will do.

Steve
__________________


Reply With Quote
  #5  
Old 07-23-2010, 02:08 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,386
Rep Power: 10
Steve has disabled reputation
Default

Do you think that our economy will eventually hit a period of prolonged depression that politicians will be forced to focus on helping small business?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #6  
Old 07-23-2010, 03:03 PM
swstout's Avatar
swstout swstout is offline
Steve
 
Join Date: Jan 2009
Location: Canastota, NY
Age: 65
Posts: 1,082
Rep Power: 7
swstout is on a distinguished road
Default

Quote:
Originally Posted by Steve View Post
Do you think that our economy will eventually hit a period of prolonged depression that politicians will be forced to focus on helping small business?
Every week when the jobless report comes out, The administration is “surprised. Every week the numbers of new claims is between 400,000 and 500,000. More than 8,000,000 are out of work. Many more are underemployed (less than 25 hour per week).

But government keeps growing and the deficit keeps getting bigger. The 3.5 million jobs “saved or created” are all government jobs. Jobs paid by future taxes. We need private sector jobs! Jobs that aren’t paid by taxes.
WE need another Stimulus bill . But this a real Stimulus Bill developed with conditions.

Each part of he bill should be challenged with 3 criteria:

Criteria one - How many full-time private sector jobs will this dreate? If the answer is zero - throw it out!

Additionally, I would like to see how everyone voted on every bill posted to all newspapers in the congressional district they were voted in from!

Criteria two - How much of this part will it cost? If the cost of the part divided by the number of jobs created is ridiculous - throw it out! (The “green solar energy comples in Florida cost $400,000,000 and to this date has only 2 employees).

Criteria three - The bill must be written in plain English and have a 5 day period for public scrutiny for every 50 pages. If it is changed, another 5 days for every 50 pages.

As for politicians being forced to do what’s right. The American public is getting more and more fed up every day. The many Tea Parties are collections of these people who want smaller government and intelligent, fair taxation and spending.

Having views like these will get you labeled as a domestic terrorist!

Steve
__________________


Reply With Quote
  #7  
Old 07-24-2010, 02:24 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,386
Rep Power: 10
Steve has disabled reputation
Default

I was reading a couple of interesting points today. The average federal job pays 60% more than the average private sector job.

Then I was reading
Quote:
The residents of Bell, CA almost rioted today when they discovered that city officials were bilking them of hundreds of thousands on trumped up salaries. City manager Robert Rizzo was getting almost $800,000 per year while other officials also took huge sums.
Isn't it amazing how these government salaries have creeped up over the years?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Business Fair at local Bank VPS Lawn Care General Business Discussions 11 02-12-2009 10:39 PM
What is the fair price for this job? Jimmypop Online Lawn Care Estimator - Help me bid this job 1 06-06-2008 01:55 AM
Fair pricing tiedeman Show Off - Picture Post - Photo Gallery 3 10-12-2006 03:01 PM
Are business tax incentives fair or not? Steve General Business Discussions 0 03-02-2006 06:02 AM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Not sure, but anyone do...
SnowRemoval2k14
Today 12:10 AM
Today 12:10 AM
by SnowRemoval2k14
0 15
2014 Gie-expo
ExtremeLawncareServices
08-19-2014 11:22 PM
Yesterday 09:23 PM
by ExtremeLawncareServices
3 869
Trying something new,...
ExtremeLawncareServices
Yesterday 09:07 PM
Yesterday 09:07 PM
by ExtremeLawncareServices
0 38
Kohler command carb...
ExtremeLawncareServices
Yesterday 03:09 PM
Yesterday 07:57 PM
by ExtremeLawncareServices
2 78
Tribulations of working...
stevef1201
09-13-2014 08:37 AM
Yesterday 10:10 AM
by stevef1201
8 540
Mulching beds
Bradcook21
Yesterday 07:43 AM
Yesterday 10:03 AM
by stevef1201
2 115
This sucks...
Matther777
09-18-2014 04:56 PM
09-20-2014 07:19 PM
by ExtremeLawncareServices
9 435
30 Inch Push Mowers Pros...
Billy Goat
06-27-2013 08:07 PM
09-20-2014 06:40 PM
by SGL1
22 6,266
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
09-20-2014 05:39 PM
by ExtremeLawncareServices
120 8,326
Replacing a Shindi T-27
Dan Tanner
09-13-2014 12:59 PM
09-20-2014 03:16 PM
by kslawn
2 554
Scag turf tiger hydrolic...
ExtremeLawncareServices
09-04-2014 10:55 PM
09-19-2014 05:59 PM
by ExtremeLawncareServices
11 908
Mowing 7 acres
avetslawncare
08-31-2014 04:24 PM
09-19-2014 03:29 PM
by acrajchel
6 1,077
snowplowing
jshak40
09-01-2014 07:20 AM
09-19-2014 11:49 AM
by Steve
23 1,470
Looking for feed back on...
ExtremeLawncareServices
09-17-2014 08:38 AM
09-19-2014 08:17 AM
by ExtremeLawncareServices
9 472
Lowballers scrubs &...
Darksteel
01-13-2014 07:35 AM
09-18-2014 06:32 PM
by Northwoods Outdoors
58 6,870
Hello from upstate NY!
A&MLawn&Snow
09-18-2014 11:19 AM
09-18-2014 04:10 PM
by Sprinkler Buddy
2 325
Price to apply fertilizer
SS.Lawncare
09-15-2014 11:10 AM
09-18-2014 01:16 PM
by Steve
9 585
Trailer tires
J.A.S.LawnService
09-01-2014 10:17 AM
09-17-2014 09:57 PM
by curts lawn care
4 995
new to the forum
SGlawncare
09-16-2014 11:20 PM
09-17-2014 08:29 PM
by curts lawn care
3 406
Help With Snow Blowing...
Robertf31
09-13-2014 10:55 PM
09-17-2014 12:34 PM
by Steve
11 766
Non-Stop Summer?
SouthallMowing
09-14-2014 10:51 PM
09-17-2014 10:48 AM
by stevef1201
6 550
Poll - net income
Dan5082
11-15-2010 08:08 PM
09-16-2014 04:44 PM
by jrs.landscaping
12 3,286
Getting lowballed!
PineHillLawn
06-27-2012 07:23 AM
09-16-2014 01:25 PM
by jrs.landscaping
24 4,977
Compare this summer to...
Steve
09-03-2014 12:52 PM
09-16-2014 11:20 AM
by Hanks Lawn Care Services
15 1,195
thinking about throwing...
veteranslawncaresystems
09-09-2014 10:31 PM
09-15-2014 03:41 PM
by Steve
12 880
Hello
Robertf31
09-12-2014 10:34 PM
09-15-2014 03:17 PM
by Steve
2 463
Newbie......Again
Jibber
09-13-2014 12:17 PM
09-15-2014 02:54 PM
by Sprinkler Buddy
2 566
need help with starter...
GoGreenerKS
09-12-2014 04:23 PM
09-15-2014 02:25 PM
by Steve
3 482
Brake job!
kslawn
08-30-2014 07:49 AM
09-15-2014 02:16 PM
by Steve
12 1,182
Hello
jawnebgoode
08-28-2014 08:37 PM
09-15-2014 02:15 PM
by Steve
3 954
Employee uniforms
Gerardo_Landscape
01-21-2014 11:11 PM
09-15-2014 02:12 PM
by Steve
5 1,089
Greetings from the north
Northwoods Outdoors
09-13-2014 08:55 AM
09-15-2014 02:07 PM
by Steve
1 453
darleneh
darleneh
09-15-2014 12:33 PM
09-15-2014 02:07 PM
by Sprinkler Buddy
1 441
My 1st bid
WesleySnips
06-11-2014 03:13 PM
09-15-2014 02:05 PM
by Steve
29 1,869
New Aerator
Chaz
09-09-2014 11:43 PM
09-15-2014 01:50 PM
by Steve
9 711
Yearly contract Pricing
jrob0691
08-21-2014 08:57 AM
09-15-2014 01:23 PM
by stevef1201
8 1,354
getting ready to start
calebmoss
05-23-2011 09:35 PM
09-11-2014 12:21 PM
by Steve
34 11,357
Stihl pull cord replace
SGL1
09-03-2014 09:22 PM
09-10-2014 12:25 PM
by Steve
9 879
Softball field
kslawn
08-15-2014 09:28 AM
09-10-2014 12:16 PM
by Steve
18 1,625
Lawn Route Templates
Landscaper1165
08-30-2014 01:52 PM
09-09-2014 08:05 PM
by Landscaper1165
4 1,110
New truck and trailer...
Johnny Rocket
05-14-2012 03:41 PM
09-09-2014 07:23 PM
by Matther777
18 6,695
What gets you bad press?
Steve
09-09-2014 11:48 AM
09-09-2014 07:21 PM
by Matther777
2 578
Signs on your snow plow?
Steve
01-15-2007 01:07 AM
09-09-2014 11:42 AM
by Steve
19 6,325
Exmark Lazer Z S-Series...
BLC7
08-22-2014 10:18 AM
09-08-2014 08:08 PM
by avetslawncare
12 1,392
New to the business
flamingyouth87
09-05-2014 11:52 AM
09-08-2014 11:55 AM
by Steve
3 790
Hello from Ohio
kurtwin
08-28-2014 05:06 PM
09-08-2014 11:51 AM
by Steve
7 1,077
Facebook
element009
03-23-2011 08:36 AM
09-07-2014 07:35 AM
by avetslawncare
24 7,865
Help pricing cut down 7...
Bradcook21
08-26-2014 11:17 PM
09-06-2014 02:09 PM
by Bradcook21
8 1,171
billing matters
sbuchanan8154
09-05-2014 09:56 AM
09-05-2014 03:00 PM
by Steve
3 768
Thoughts
googus
09-05-2014 07:28 AM
09-05-2014 02:23 PM
by Steve
2 710
» Popular Tags
4wd auger butterfly gardens charge christmas lighting credit card processing customers estimate exmark ferris first truck foreman fundraiser georgia gopherhaul grass gravely growing a lawn care business hills holiday how much to charge how to bid husqvarna introduction john deere quik trac kansas city kawasaki labor cost landscape services lawn lawn care business book lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care website lawn care website seo leaf cleanup leaf removal lesco lighting marketing mowing mulch estimate new and restored landscapes new buisness new mower podcast property management company pto reo rotating scag scripts season seo small engine repair sprayer starting a business starting a lawn care business start up lawn care business stihl theft tips top dresser toro toro grand stand trailer trimmer rack walker
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 02:56 AM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 02:56 AM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy