But life goes on and so does an expanded interest in exporting goods from countries other than the US to destinations outside of the US. I had planned to import both mangos and avacados from Mexico to the US and was working on the business plan before the election. But with the higher taxes on business income and employee costs (taxes) that come with the 'victory', I nixed the effort. When you add 20% more in costs that the Obama Administration has promised by way of taxes, that was my profit margin.
AP item on Monday only told readers that "A record 47.1 million Americans received food stamps in August, the government said, as stubborn unemployment kept enrollment high." While I'd love to participate in feeding more people by starting businesses that generate tax revenue without making profit for me - I'm simply not that nice.
5 comments:
Best wishes for success!
Something for nothing is fine for a quiz show, but not so much for a government.
I wouldn't be that nice either LL. Another reason to come to SA - here no one gives a fuck about the needy - especially the Government. Profit margins rule here.
Azra, I'm not saying that I mind giving to those less fortunate. I simply refuse to give it ALL to them.
It was more a jibe at our Gov, LL. Coz our President lives in a home that looks like 3 hotels put together. And "his people" don't even have running water.
Which brings me to my next point - operation exit strategy. Looking to leave, I am.
Post a Comment