You say you are Libertarian and then say this "regulated and taxed" you sir are no Libertarian! Taxation is theft!
Posted By: Its_My_Money
Minnesota ranks 10th in the nation with average income of $45,265 per full time wage earner
$25 hr x 40 hrs = $1,000 wk = $52,000 yr minus 25% taxes (state, fed, ss)
52,000 - 13,000 taxes = $39,000 net disposable income
$25 x 8 hrs = $200 per day after tax $150 per day disposable income
$2,000 wk = $104,000 per year
$104,000 = $300 net per day
I'm a Libertarian and fully believe in free will and freedom of choice... but
In my opinion a man needs to earn $104,000 yr to see $300 hr providers
Bottom line: High end providers are best left to High end earners.
Independent Provider Income
1 client a day at $300 five days a week = $1500 wk = $78,000 yr
Cash business no taxes however a provider spends 30% on advertising, travel, wardrobe ect.
78,000 - 23,400 = $54,600 net disposable income
Nice Hobby
I'm not telling anyone how to run their business/hobby, but it seems to me if providers focused
more on their daily or weekly earnings rather than hourly earnings everyone would be happier.
I also believe the hobby should be decriminalized, regulated and taxed.
Again I think everyone would be safer and happier.
What say you?