Every week in the business section they do a close-up of someone in a
different profession. This week is a woodworker:
Sure doesn't appear to be much money in it.
Probably a little of both- but at 60, I doubt the guy wants to put in
too many nights or weekends. Best I ever found for pay as a
woodworker was $12/hr- and that was for someone willing to put up with
an insane boss who liked to scream and curse. Most pay a little less
than that. Gotta love it to do it for a job, because it sure won't
make you rich.
Another way to read it is that a "newbie" would make about $25K - the
article talks about earning potential after 5 years - and that is
essentially still an apprentice, not a master.
wrote in message news:5QFWg.124
Makes ya sick, does it?
You know, what kind of makes me sick is a guy working 40-60 hours a
week and paying taxes on all of it to make about $20k/year take home
pay being looked down on because he chose not to pay additional taxes
on an extra couple hours of work a week he had to do to make sure the
kids had shoes or the morgage got paid- while some shitheel in a
corporate office is busy having his accountant write off his new yacht
and the year's golf tourament as business expenses so he can pay less
taxes than a high school kid who flips burgers 10 hours a week.
Be realistic. I'm not against taxation- I believe it's important and
serves a good purpose (most of the time). And I pay my taxes- but I
sure as hell am not going to hold a blue collar worker accountable if
he makes an extra couple hundred bucks a month in his spare time and
doesn't give it away voluntarily. You work your time at the day job
and pay the payroll taxes, you've done your part and made your
contribution. Bad enough they're taking our benefits away and selling
our livelihoods to the lowest bidder somewhere overseas without making
extra donations to the fellas who won't do a thing to stop it.
When you are in business, your accountant always works the numbers within
the regulations to keep your taxable income as low as possible, while an
employed person does not have that advantage and pays tax on all that he is
One accountant said the proper consideration is not how much you are making
but how much you are TAKING from the business. I'm sure it is much tougher
now with new regulations, but many business owners don't buy cars, but the
business does. They don't take vacations, but do travel for seminars and to
I worked for a fellow that was on the board of directors for an industry
association. They were having a board meeting in the Bahamas. The agenda
for the meeting was "where shall we have next years meeting?"
Buddy Matlosz wrote:
... Not much money ....:
How true. I was looking to buy a local furniture store. Guy gets his
stuff from distributors unpainted, then applies a markup for selling
the raw stuff and another if he has to paint it. Pine, some oak, very
functional not "high end". He told me he makes about $35k a year.
That's just himself, no help. I passed it up.
This guy says you could make $25 after 5 years, well he's been
in business a longer then that and has help, so he indicates. I also
think his business buys his trucks, supplies and tools. A lot of
overhead in workman's comp as well - I could imagine what
the claims are like for woodshop.
On 11 Oct 2006 18:01:14 -0700, email@example.com wrote:
Some businesses buy tools, many require you to have your own. Trucks
and supplies are usually covered, but supplies often doesn't count
drill bits, driver bits for screw guns, razor knives & blades, etc.
Doesn't sound like much, but it adds up when you do it for a living.
Far as workman's comp goes, I made one claim in the last ten years,
and it was in a metal shop. I never saw anyone else hurt badly enough
to need more than a band aid or an elastic bandage, either. You
figure out how to avoid hurting yourself pretty quick when you do it
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