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Reply to "My carpenter makes $116/hour"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]From that, your carpenter has to pay for health insurance, retirement/401k, insurance for his company, overhead costs, various taxes, etc. [/quote] He works alone, has no employees. Out of my $124/hr I also have to pay retirement, insurance (health, disability), plus umbrella not included, commuting, taxes, etc. None of which are deductible against income.[/quote] Just because he didn’t go to medical school doesn’t mean his trade doesn’t require specific skills and knowledge and have its own licensing requirements. You want your carpenter to know how to ensure your walls and house aren’t going to fall down. It’s gross that people look down on the trades when they are every bit as needed as other fields. [/quote] 1005. More formal education doesn't automatically equal more money. [/quote]
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