LumberJocks

Grumbles from the shop #5: Taxes!

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Blog entry by dennis mitchell posted 1951 days ago 3370 reads 0 times favorited 25 comments Add to Favorites Watch
« Part 4: Splinters Part 5 of Grumbles from the shop series Part 6: The world is her litterbox »

Yep that time of year. Folks are having tea parties. The economy going south. I get to see my year end, bottom line, financial worth. I don’t think it will impress anyone. It sure made me wonder. This self employment gig has cut my income in half.
Maybe I need to tell you about one of my heroes. I have this buddy. Plays a mean guitar. He also is a craftsman. Does some very nice, high end, upholstery work in an 8 X 12 shop. A few years ago he was telling me how he “just gets by” on ten thousand a year. Poverty right? Yet he has a beautiful house in the mountains. Which he built himself..no mortgage. It is next to this great little trout stream. He has a few horses. Every few months he travels across the US to play music. Last year he traded a building a deck for a trip to Italy. His life is beautifully abundant.
So I guess you need to know living on half my income is making me damn grateful! Yep all you poor suckers doing that work produce consume dance. You have my sympathy. Let me tell you about my typical day. When I get out of bed…guess what no alarm clock! First I visit with the dogs, my wife, and all my buddies on Lumberjock. Take the nice stroll out to the shop and work for an hour…maybe two. Check the mail..maybe do lunch. Then back to the shop. I really try to get my full four hours in a day. On a good day I do my best piddling. Piddle on the house. Maybe piddle in the garden. Some days I piddle in the shop. The last few days I’ve been doing some carving on a bed for the gallery which shows my furniture.
Ya taxes suck, so I figure maybe I’ll just quit making so much Damn money. Life is too short!
Then again with my hectic schedule I still haven’t found time to go fishing! I’m going to have to fix that.



25 comments so far

View bluchz's profile

bluchz

187 posts in 2000 days


#1 posted 1951 days ago

Taxes Schmaxes, go fishing and let the wife worry about them lol.

-- flash=250,100]http://www.brickshelf.com/gallery/sprxtrerme/BANNERS/thornax.swf[/flash]

View miles125's profile

miles125

2179 posts in 2632 days


#2 posted 1951 days ago

Whats needed is a new word. Incentivate. As in “I sure need incentivating before i get busy innovating”.

-- "The way to make a small fortune in woodworking- start with a large one"

View Dick, & Barb Cain's profile

Dick, & Barb Cain

8693 posts in 2926 days


#3 posted 1951 days ago

That’s what I like about you Dennis,

You don’t seem greedy, & you’re enjoying your life to the fullest.

”JUST PIDDLING”

-- -** You are never to old to set another goal or to dream a new dream ****************** Dick, & Barb Cain, Hibbing, MN. http://www.woodcarvingillustrated.com/gallery/member.php?uid=3627&protype=1

View RusticElements's profile

RusticElements

167 posts in 2352 days


#4 posted 1951 days ago

Looks like you live the life I aspire to :). Someday I’ll get there!

-- Michael R. Harvey - Brewster, NY - RusticElementArt.com - SpaceAware.org - AnConn.com

View spanky46's profile

spanky46

977 posts in 2017 days


#5 posted 1951 days ago

Life is hell isn’t it! haha
Happy for you!

-- spanky46 -- Never enough clamps...Never enough tools...Never enough time.

View Lee A. Jesberger's profile

Lee A. Jesberger

6646 posts in 2606 days


#6 posted 1951 days ago

Hi Dennis;

Why did you tell everyone how tough we have it.

Now everyone’s going to want to stop doing the nine to five thing.

Well, I have a lot more to say about this, but it’s almost 2:30. Time for my nap.

But, now I’ll probably toss and turn for minutes. I hate that!

Well written! Keep up the struggle!

Lee

-- by Lee A. Jesberger http://www.prowoodworkingtips.com http://www.ezee-feed.com

View Chris Cunanan's profile

Chris Cunanan

339 posts in 2107 days


#7 posted 1951 days ago

miles had it dead on i think….but yeah, i agree it’s not what you’re making it’s what you make out of it. I don’t make much right now, but i don’t waste much either…and usually what i do spend it on holds most of its value or I make money off in the end, i guess i should be glad i never put that money in stocks right? just wondering, what are the rest of you guys doing in planning of higher taxes/inflation in upcoming years?

View miles125's profile

miles125

2179 posts in 2632 days


#8 posted 1951 days ago

I’ve watched enough Antique Road Show to know my stuffs gonna be more valuable after i’m dead. I’m thinking the government should go ahead and pay me that increased value while i’m alive. Sort of like a reverse mortgage on my after death earnings.`Or they could just pay me not to do woodwork, like they pay farmers not to plant.

-- "The way to make a small fortune in woodworking- start with a large one"

View dennis mitchell's profile

dennis mitchell

3994 posts in 2941 days


#9 posted 1951 days ago

...pay me not to work…that just might work. It sure worked for AIG/CityBank/GM/Congress. I’d have to live with the half million lid on my wages and that would be almost unbearable!

View Dusty56's profile

Dusty56

11644 posts in 2314 days


#10 posted 1951 days ago

Thanks for the laughter , Dennis : )

-- I'm absolutely positive that I couldn't be more uncertain!

View Chris Cunanan's profile

Chris Cunanan

339 posts in 2107 days


#11 posted 1951 days ago

lol dennis….sure i disagree with a lot of what’s going on, but if you’re saying that we should cap all “executive” pay why would anyone spend the big bucks on the education needed to reach those levels of income (for the most part)? or should we just ditch the whole college thing, it’s all a scam right? lol you could relate it to woodworking in that the value of your work will most likely be much higher if you were say, one of maloof’s or marks’ apprentices rather than a cabinet maker at home depot which would have made you much more money in the short run, but a lot less in the long haul….is this making sense to anyone other than myself? lol

View dennis mitchell's profile

dennis mitchell

3994 posts in 2941 days


#12 posted 1951 days ago

No I don’t think we need to cap their pay, or bail out their companies. Let them suffer the consequences of their behavior… but you are right to f&^! things up as bad as they did you do need a college degree.

View pat sherman's profile

pat sherman

619 posts in 2999 days


#13 posted 1951 days ago

go fishing dennis. go fishing.

-- pat,ohio...http://s5.photobucket.com/albums/y198/patshwigar/

View hObOmOnk's profile

hObOmOnk

1381 posts in 2754 days


#14 posted 1950 days ago

Hey Dennis:

Nap is my favorite four-letter word.

Whoops, I means NAPS.

-- 温故知新

View BIGSKY's profile

BIGSKY

22 posts in 2037 days


#15 posted 1950 days ago

MAKES ME WANT TO MOVE BACK TO MONTANA AND JUST DO WOOD

-- BIGSKY

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