Raven

30 days – 4 showings – 0 offers

bummer

getting tired of living like a guest in my own house.

Hmmmm . I was thinking that if it hasn’t sold by June 1, I’d just keep it – but Memorial Day Weekend is May 22 through 25 this year. So Thursday May 21, I’m done.

If I keep it, I am gong to make some changes

First you have to buy a pack. Costs about $5, right? Not! You had to work to earn that five bucks and they taxed your earnings at what, about 25%. So that means you started with about $6.50. So the intial tax was $1.50 in order to have the $5.
Then there is $2.50 in excise taxes on the cigarettes, so you are up to $4.
The the cigarette company made 30 cents on the pack which is taxed at 25%, so that’s another dime. up to $4.10.
And how do you figure income? Subtract cost of goods sold from the price, right? So $5, minus the excise tax is $2.50, less the profit, .30, less the tax, .10 gives a cost of goods sold of $2.10. But that cost is income to someone either the workers or the producers of basic materials, so add another 50 cents of tax.

So the total tax on a pack of cigarettes is $4.60. Inflation through taxation!

Changing employment appears to be close to resolving itself – expect to be laid off next week. WooHoo! A decision delayed is a decision made.

The house is on the market – fingers crossed. I’ve pretty much decided to find a small house in the country. but which country?

Still working out everyday – boring.

March 1 came and went – no headache!!

Actually learning the investing thing – learned it is possible for me to lose less money than my broker – LOL