Posts by Nancy Alvarez82

If you want my honest opinion, here is the golden rule... stay away from sole proprietorships!
When you run a business as a sole proprietor, you are essentially putting your entire life's savings and every asset you own on the line; if you aren't an absolute expert in legal jargon and contract law, you’re just asking for someone to exploit you with a fine-print clause, leaving you completely ruined. To be perfectly blunt, the whole setup feels incredibly rigged against the little guy.
If you have already set your heart on starting something, go with an LLC instead, because then you won't have much to lose since your personal assets remain protected from the business's liabilities.
There is no requirement to be an employee of your own LLC, which allows you to keep your monthly overhead and tax burdens significantly lower.

I suspect we’re approaching $1000 a turning point, much like a close friend of mine who practices law mentioned dealing with a situation of this exact nature...

I find myself in complete agreement with Samuel Collins when he suggests that you really ought to trust in your own horsepower; because even if you were operating within the most perfectly organized system imaginable, you’d still have to take matters into your own hands if you actually wanted things to improve...

briskdrifter3 said:That line of reasoning doesn't hold much water either. Are you suggesting that the average person is to blame simply because they didn't choose a slightly more competent thief from the pack? Is that what you're getting at? That I am personally responsible for these tax rates?
And please, spare me the talk about those minor parties with their tiny fraction of votes. They’re nothing but jokes who haven't accomplished anything concrete lately, either.
Unfortunately, this is just the reality we live in—no sane individual enters politics, because who would bother fighting through all those idiots?

David Parker44 is absolutely correct.
The fault lies entirely with the people. Americans constantly find themselves choosing between the Democratic Party or the Republican Party, despite the fact that other options actually exist.
Why do those alternatives always end up looking ridiculous? It’s because the Republican Party and the Democratic Party maintain a stranglehold on the media; whether it's the major networks or any new outlet trying to emerge, they are systematically caricatured and torn down... meanwhile, these self-proclaimed economic experts and business titans from the two major parties—who supposedly possess such profound expertise—are the very reason we are in this mess compared to the folks in the minor parties... honestly, a freshman economics student could likely do a better job than these so-called specialists from the two big parties who have been dismantling our prosperity for over twenty years with their decisions...
Americans remind me of that idiot in the movie *Idiocracy* who picks up a rock, knocks himself unconscious, wakes up, picks up the same rock, and knocks himself out all over again... that is exactly how we act, constantly picking between two snakes, the Democratic Party or the Republican Party...
Instead of searching for a third, fourth, or fifth option until we finally find someone decent, we just keep recycling the same old names.
The people are to blame, but the real tragedy is that they lack any true self-awareness.

The fundamental reality of taxation is quite simple: you can't collect what isn't there, and in America today, the well has run dry because:
- businesses have been systematically dismantled, whether they were crushed by excessive government mandates and corruption or simply bled dry by predatory entrepreneurs.
- the citizenry has been hollowed out, left destitute by job losses, suffocated by high-interest loans from big banks, hit by skyrocketing utility bills, stagnant wages, and an unrelenting climb in tax rates.

The inevitable byproduct of this entire mess is a total systemic COLLAPSE.

I don't care about being a Democrat or a Republican, nor am I a sympathizer for any political faction; I’m just a person who wants to work and nothing more. I prefer to view these matters with a certain level of objective detachment. If someone is incompetent for their role, they should step aside—that is how capitalism is supposed to function. I certainly refuse to let my own future be used as a testing ground for their amateurish "trial and error" methods.

In America, they overhaul 400 different laws every single year!
I find myself agreeing with what you said regarding the average American lacking deep expertise, but let’s be honest: those currently at the helm are utterly incompetent. We desperately need some semblance of order, yet we constantly face the undeniable reality that whatever is written on paper rarely aligns with how things actually function on the ground...
And I suspect you have enough years and experience under your belt to know that there is a massive difference between theory and practice...

Neither hikes in sales tax, nor the failure to eliminate zero-rated rates, nor aggressive digital auditing, nor the relentless hunt for tax evaders, nor freezing debtor assets, nor any of these debt restructuring schemes for citizens and businesses, nor even cracking down on corporate profit stripping has done a single thing to actually boost federal tax revenue.
In fact, revenues have plummeted quite drastically because the American public and the entire economy have been bled dry by these frantic, predatory tax hikes.
The inevitable fallout from this mess will be diminished social services, gutted pensions, mass layoffs, and a mounting pile of new national debt.

Basically... it’s a total CATASTROPHE.

To put it in the words of a politician whose party is merely the third-largest non-nepotistic entity left in Washington after the Democrats and Republicans—referring to a certain moderate lawmaker—he suggested that the people running this country ought to pick up a modern economics textbook once in a while.

And that is precisely where the truth lies; we are being led by people who are hopelessly stuck in the past, simply because the global economic landscape has shifted entirely since the last time they bothered to open a book.