Do I quit the best job I ever got?

[ATH]

Totally. That's half the reason my wife and I went and did the paperwork.

That would be my tax rate if I was single

probably something entered wrong from the W4

 

[Boomslang]

Y'all pay a lot of taxes

 

[Matias]

Y'all pay a lot of taxes

Tell me about. The only thing I'm not stoked about is making enough money to actually have to pay taxes.

 

[evo]

Y'all pay a lot of taxes

How else can we bomb so frivolously, and not even pay ourselves a universal healthcare? America -1

 

[Serf Life]

Y'all pay a lot of taxes

A lot of people don't. Income from stocks gets taxed at a lower rate than working, or can be used as equity for a loan and write off the interest as bus. expense. Lots of work arounds with selling properties too. The new American dream is making/having enough money to not pay taxes while increasing wealth.

 

[VenasNursery]

A lot of people don't. Income from stocks gets taxed at a lower rate than working, or can be used as equity for a loan and write off the interest as bus. expense. Lots of work arounds with selling properties too. The new American dream is making/having enough money to not pay taxes while increasing wealth.

Sad but so true

 

[Serf Life]

Quite dense: https://siepr.stanford.edu/publications/policy-brief/tax-avoidance-top

The Ultra-Rich Have Lower Tax Rates | Research UC Berkeley

Berkeley economists found that the total effective tax rates paid by the 400 richest Americans have declined sharply in recent years.

vcresearch.berkeley.edu

https://gabriel-zucman.eu/files/BSYZ2025NBER.pdf

 

[Boomslang]

A lot of people don't. Income from stocks gets taxed at a lower rate than working, or can be used as equity for a loan and write off the interest as bus. expense. Lots of work arounds with selling properties too. The new American dream is making/having enough money to not pay taxes while increasing wealth.

Typical. Similar things happen here.

 

[davidwyby]

Late to the party but I was gonna say that as you age the sales/super job will be a lot more attractive...

 

[Treezybreez]

My 2¢ is to keep your own gig going and do contract climbing/consulting on the side. You’ll make more capital in the long run and you won’t have to worry about getting laid off. I wish you the best Matias.

 

[Matias]

My 2¢ is to keep your own gig going and do contract climbing/consulting on the side. You’ll make more capital in the long run and you won’t have to worry about getting laid off. I wish you the best Matias.

That had been my plan when I first got started, but California basically ended contract climbing within the state. The onlh way to do it legally is to perform all the work 100% by yourself, or with your own employees, and then hand the jobsite back to the primary for them to clean up. Contractors may not share crew or equipment. As for doing my own thing, I am really limited in what I can do without my contractors license, and it will really just be a lot easier to finish logging enough hours under someone else, and then I can easily get my own license. I could get insured without it, but there are enough people around here that know to ask if you have your D49 that I don't want to start without it.

Don't worry Caleb, that dream is alive and well. I will be doing my own thing soon enough, and this should make me more money now while I keep building it.