Reply to My carpenter makes $116/hour

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Reply to "My carpenter makes $116/hour"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Not the OP but get what she/he is saying.  Given the training, costs, opportunity costs it does not seem right the OP is getting paid less than a trades worker.   I'm formally educated but moved into construction after losing my job.  "Finish" carpenters are expensive as it takes many years to master the art so to speak but the "cost"  and years of training does not exceed that of a physician, not even close.    OP not belittling the carpenter or trades workers - just wondering why the case IMO.  [/quote]

OP might have a few hundred thousand in med school classes, but many tradesman have a similar amount or more in equipment expenses.[/quote]

Equipmnt expenses are deductible against income. I’m sure OP has to pay many thousands in licensing, professional membership, conference and CME fees that are not deductible. [/quote]

Say you don't own a small businesses without actually saying it.

Equipment is not deductible all at once.  It has to be depreciated over many years of taxes.

That might have changed with trumps bill, but up to this point you don't just decrease your taxable income by your cost of equipment.[/quote]

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