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To: savedbygrace
That’s a non-responsive reply to MY situation. Read my post again of you really want to answer.

You should heed your own advice. My statement was on point.

Post #83: "You think I’m going to reduce my day rate by 30%? If I do, I’m not getting any benefit from the FT, if I don’t, my clients are suddenly paying 30% more."

You won't have to reduce your rate. The elimination of only those costs for taxes and compliance will reduce the price for you based on the reason in my post #86. It will not effect covering other business costs or profit margin factored into the price. The question is will you pass those savings onto your customers? If you don't, then you'll lose business to your competition.
99 posted on 09/24/2007 4:53:42 AM PDT by Man50D (Fair Tax, you earn it, you keep it!)
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To: Man50D

Maybe the reason your reply is non-responsive is because you do not understand this type of business, where nearly 100% of my income is a result of my labor.

I have a one to two percent compliance cost, and maybe one to two percent equipment cost, with the percentage depending on whether I’ve had a good year or only a so-so year.

So, I could either pass on the 30% tax to my clients or pay it out of my pocket. But I can’t do both; there’s only one 30% figure, not two.

I certainly would NOT be reducing my day rate immediately, by relying on the CLAIM that prices and costs will be reduced all over the place. That claim is yet to be proven in practice, no matter how many time FTers repeat it.


100 posted on 09/24/2007 5:45:13 AM PDT by savedbygrace (SECURE THE BORDERS FIRST (I'M YELLING ON PURPOSE))
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