Avro,
With all due respect to you.
Did it ever occur to you that a `Joe the Plumber` might exist in Canada.
Wondering....
regs,
scratch
Have you ever heard Joe speak?
Trust me, he's an idiot.
Here's some thoughts on Joe the douche bag.
Avro,
With all due respect to you.
Did it ever occur to you that a `Joe the Plumber` might exist in Canada.
Wondering....
regs,
scratch
He wants to run a business, hire people and not pay more taxes; wish we had more idiots like Joe.
250grand for a plumber?? i'm in the wrong racket
So. Michelle Bachmann starts spewing comments about investigating Barack Obama, and CONGRESS itself, to route out 'anti-americans', and now Joe the Plumber is taking on the 'collectivist' nature of the democratic party. It looks to me like soon the Republicans will be trying to declare another cold war and step the US back a few decades, spreading paranoia and idiocy throughout its populace. How disingenious.
Now write down all of the costs, like employee salaries, vehicle(s) lease, CCA's and it's well below.Let's say you're a plumber. Own your own company. You bill out your time at $75/hr. Overtime is 1.5 times that. Any supplies you sell, you mark up, say 50 percent.
Work 30 hrs/week, plus 10 hours of overtime, do $250,000 worth of material costs (not too difficult if you do lots of new consturction), take 4 wks off, and you're grossing about 287,000.
Most plumbers are small businessmen, they are contractors, they can make big gross, they may even have employees.
I'll put money on it that neither report more than 250k net on their tax returns unless they have sold property triggering capital gains. Wealth buys wealth and cashflow, not necessarily more taxable income.My wife's uncle's are plumbers and they are multi millionaires, they are currently building the new hospital in North Bay 2 others and they have over 300 employees.
Anybody who thinks small can't see the potential of any business.
The burden of Canadian taxes hasn't made them poor nor did it prevent them from growing their business and making lots of dough, same goes for me but I don't constantly whine about taxes in this country like some piece of crap who blames government and taxes for their failures.