Want to save taxes? Buy carrots.

carrotsAs Congress and the White House consider cutting spending and raising taxes, I hope they consider what creative entrepreneurs do when tax rates get too high.

Here’s an example:

When a special sales tax on theater ticket sales were raised to 21%, a theater owner in Spain put on his thinking cap.

He noticed that vegetables at the supermarket were taxed at only 4%, so he began selling vegetables instead of theater tickets. If you buy a bunch of carrots from the theater for $16, you are treated to a free theatrical performance.

Get your carrots here, folks!

4 thoughts on “Want to save taxes? Buy carrots.”

  1. Hello and thank you. I was married for 17 yrs. I’m still legally married. He had decided to walk away and fly off to his Country. He abandoned us since 2005. He became a U.S. citizen, had his business here in America. He left because he want to live in America He’s been gone for 14 yrs. He claimed he remarried in Korea. I never filed for divorce . I’m 55 yrs old and became disabled again. I’m, I able to get Soc. Sec. when I turn 66 ? Even if he’s in Korea . Thank you and bless you for any advise.

    1. When you are 66 you can collect full social security benefits based on your own earnings history, or spousal benefits based on your spouse’s history, whichever is greater. It doesn’t matter where he is living, but his earnings history only includes wages he earned in the US or from a US-based employer if he was working abroad and covered by social security in that employment.

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