That would be amazing. If we HAVE to pay stupid taxes, at least we could choose where it's going - or more importantly where it's not going!

Other problem with making your expenses and profits equal out - if you ever do need to borrow money to get a mortgage or loan - you won't qualify with 0 income.

I love this post though. In the US self employed people are taxed to death (thanks Reagan, you dead douchebag!) at 15% PLUS state and federal tax - like you pointed out - when it's all said and done, it's anywhere from 30% and if you're making good money 45% isn't unheard of. Oh right, then we have Obamacare which is another tax (giant myth its healthcare - it's health insurance you pay $300+ for a month and can't use cause deductibles are $5k+.Talk about theft!)

You got me all fired up with this post. I HATE TAXES!