The Nasty Evils Of Self-Employment
Self-employment has so many perks that every individual should strive to run their own business. The freedom and the control make it worth the many frustrations you will encounter.
One big frustration you will soon discover is those very nasty quarterly tax payments. Today, June 16th, is the due date for every one's second quarterly tax payment. Whether you know your income for the year or whether you've made any money this quarter you still have to pay your quarterly tax. Paying your tax payment with a check that is deducted out of your bank account is blast of reality. You can easily see how much of your income goes towards running our government.
The biggest frustration you will find when writing that big check is knowing that some yahoo up in Washington is tacking on a pork barrel project that is about to waste every penny you've worked hard to earn. I believe everyone should pay their fair share of taxes but the question then becomes what is fair. Many people in our country live off the welfare roles and never pay a cent of taxes. Others cheat and still others complain that we don't pay enough. If you don't think we pay enough taxes, especially the "rich", you should seek some mental counseling.
So, enjoy self-employment, but get out your pen and write Uncle Sam a big fat check. Some elected yahoo is needing the money to help build a highway to nowhere.
One big frustration you will soon discover is those very nasty quarterly tax payments. Today, June 16th, is the due date for every one's second quarterly tax payment. Whether you know your income for the year or whether you've made any money this quarter you still have to pay your quarterly tax. Paying your tax payment with a check that is deducted out of your bank account is blast of reality. You can easily see how much of your income goes towards running our government.
The biggest frustration you will find when writing that big check is knowing that some yahoo up in Washington is tacking on a pork barrel project that is about to waste every penny you've worked hard to earn. I believe everyone should pay their fair share of taxes but the question then becomes what is fair. Many people in our country live off the welfare roles and never pay a cent of taxes. Others cheat and still others complain that we don't pay enough. If you don't think we pay enough taxes, especially the "rich", you should seek some mental counseling.
So, enjoy self-employment, but get out your pen and write Uncle Sam a big fat check. Some elected yahoo is needing the money to help build a highway to nowhere.
Labels: make money, taxes






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