bob. All you need is to go on ebay to see Tax free living at it's best.
I don't know tho bob, it just seems like every time it's more about the money with you. like you hate the fact people are making coin off there meds? ((no talking the $400 an Oz cat's but the $250 top shelf 31g OZ people.)) from the sound of it. You would love to see me and most others in jail simply because we are selling what we spent months caring for at a very reasonable price.
I don't speak for the low life I can't grow a blade of grass CG's and I doubt any competent grower would either but, We are not all to be lumped into one category for the simple fact of selling meds.
and before you or someone else comments that the "law is the law" then we all should hold hands on the way to federal prison seeing it's.. well I'm sure you can guess it's standing in the federal system.
Ebay ain't so tax free..unless you only sell a small amount.
http://stores.entwooddugouts.com/StoreFront.bok
That's a link to a business I started on etsy (similar to ebay) I've sold it now, it got too big too fast for me to keep up with, due to my Parkinson's.
I assure you, taxes are paid on it. Pay pal, ebay, etsy, and credit card companies all report significant transaction dollars to the IRS. If it's handling cash..you better report.
Yes. it was 'under the table" money at first. At that time had I reported it, there would have been no tax liability anyhow..to much growing expense/ reinvestment.
The damn thing does way to much business to go un seen now.
I have no issue with "under the table" income..until that income becomes significant. But a guy making $100,000 grand, should be paying some taxes. Where is the number that income should be reported..not sure...but at some point.
As applies to cannabis? Top Shelf at $250 is probably reasonable at today's prices. But how do we know it's "top shelf" without testing data to back up the claim?
Personally, I think TOP SHELF prices will come down with testing. It will force people to grow better quality.
Top shelf meds will probably settle around $200 a zip...with mids at around $150 if regulations are enacted and enforced.
A guy with a small grow is never gonna pay taxes even if he files. Anyone making under 30k doesn't really pay taxes anymore. Your personal exemption and standard deduction wipes out what..the first 25k? And if you are self employed..in any respect..you'll have plenty more deductions.
I really hate most of the people that bitch about taxes..most don't pay any even if they file. Just had a buddy bitching about paying his City taxes...he owed $100 bucks....said that he wasn't "getting anything' for his tax money.
Way I see it..he didn't contribute enough to fix the pot hole in from of his house..what's to bitch about?
Anyone wants to complain to me about taxes..tell me how much you actually paid first. then we'll discuss if you got your moneys worth.
Like using the roads we have? Enjoy the warm fuzzy protection provided by our military? Problem with the economy is that the taxes are too low (for the rich) and Government isn't spending enough.
Government spending is at its lowest percentage of GNP since Eisenhower. Tax the rich, employ the poor to rebuild the infrastructure, and churn the money in the United States will fix the economy. Worked like a champ in the 40's..got us out of a depression, and into the best financial times for the most American's.
We need to do it again...