Each month are forced to sell their time or stop charging. If they decide to take a vacation it is because they have supplied sufficient funds to cover the pull. Although many envy the revenue of some doctors, lawyers or architects, few stop to think about how complicated it is depend exclusively on selling hours. I have seen with my own eyes the havoc that my friends have passed by losing a couple of customers or due to a change in the regulations. Business income business income are incomes received from your company. These revenues have a very important advantage. In the case of the first two types of income can be summarized tax formula in the following way: working to pay taxes. After the money remaining, pay expenses.
In the case of business income formula is thus: work pay expenses. After the money remaining to pay taxes. Although it is a simplification I think that you can see the difference. Taxes are the greater chapter expenses of persons and companies. However, to avoid this feeling (and ensure collection) States implanted system of withholding to account.
So they got the majority forget the amount of money they pay. He is a very intelligent haggler. Do you’ve ever heard the Treasury has paid me 500? If it wasn’t so sad, I leave laughing. The fourth type of income financial income are revenues from investments. Although most believe in the stock market the field of possible sources of income is immense. Same as business income, they also enjoy significant tax benefits. And also are virtually unknown to the public in general. In fact the laws that regulate the first two types of income are almost opposites to those regulating the last two types. But why? Simply because it is necessary to encourage business and investment activity. These types of income are the rewards for job creation and the generation of economic stability in countries developed. Governments are aware of this, promote laws that favor people that drive the engine of society. It is not only fair but also necessary. That is why, instead of feeling aggrieved, you must ask yourself your own strategy. How you transition from an economy based entirely on the wage of worker or professional activity was a mix that also includes business income and or financial? It will need work, effort and learning, but it is the only path towards true security.