bellsaj wrote: May I ask how much you guys pay in taxes?
Not in $, €, £,or ¥, but in %
I pay 34% of my salary in taxes and ~ 3% to the union.
Whe I was an employee, probably close to 30%. Plus property, sales, and other taxes. Now I pay a whole lot less because of the depreciation and deductions that I am able to claim with the equipment that I have financed, fuel, business costs etc. I still have to pay payroll taxes, unemployment, social security, heavy vehicle use, state corporate registration, thousands in fuel taxes, etc, but I do pay less, for now at least....
Over regulation, and how it is affecting the industry I'm in, is another huge problem though. Emissions control equipment that has been mandated on heavy trucks here is causing a lot of small companies to go out of business. The technology is not good at all, and has taken the rugged and reliable trucks that we have had for a few decades and turned them into unreliable money pits. I've had this one a month now, and just had to drop $800 on it yesterday, plus I'm a day late on this load now... All b/c of an emissions system that doesn't work right, and shouldn't be on here in the first place. We as a country are regulating ourselves into bankruptcy. I think I may move to Belize....