Luz Shosie and Ned Vare

on 8/15/02 10:31 PM, [email protected] at
[email protected] wrote:

Sherrie wrote:

>>> This is a scary experience. I'm not
>>> sure that we can financially survive on just one income.

Right, and many can't survive on two incomes -- one income pays the taxes on
everything; the other supports the family. It's the taxes that we can't
survive.

Ned Vare

[email protected]

---------- Luz Shosie and Ned Vare <nedvare@...> writes:

>>>Right, and many can't survive on two incomes -- one income pays the taxes on
everything; the other supports the family. It's the taxes that we can't
survive. >>>

We live on about half an income, fairly simply but very happily. I can't imagine what I'd do with more money, and I can't imagine working at a job I don't love again.

We're planning a trip to Europe this winter, and maybe Hawaii soon, since Kilauea is flowing so close to the road...

Dar

Bill

On Saturday 17 August 2002 07:45 pm, freeform@... wrote:
> ---------- Luz Shosie and Ned Vare <nedvare@...> writes:
> >>>Right, and many can't survive on two incomes -- one income pays the
> >>> taxes on
>
> everything; the other supports the family. It's the taxes that we can't
> survive. >>>
>
> We live on about half an income, fairly simply but very happily. I can't
> imagine what I'd do with more money, and I can't imagine working at a job
> I don't love again.
>
> We're planning a trip to Europe this winter, and maybe Hawaii soon, since
> Kilauea is flowing so close to the road...
>
> Dar

Actually if you do your own business and are incorporated as a "C Corp."
(minimally) and take all the deductions possible to take, you pay no tax.
The other trick is to take income as fringe benefits as they are not taxed,
take minimum wage which is taxed. If you think a rise in Minimum wage is
anything other than a tax hike think again.

Bill