mwania wrote:I think 12% is good for those who have few overheads/ mortgage/ financing. And even if it is high, I think we should always look at how our money is used not how much they collect from us. A case is Denmark and some other countries where the tax rate on income is 50%. The citizens there pay up promptly because the services they receive are excellent! Here we pay 30% and spend lots more for almost everything that a Gova should provide e.g Security.
You are putting the cart before the horse!!!
They should PROPERLY spend the taxes we pay first before asking for more!!! This applies at all levels - including at home. If a parent gives his/her kid money to set up a business, before the kid comes back for more to "boost" the business, he/she must show the progress they have made so far with the initial resources!
This one is a kid who takes money, goes drinking and then comes for more!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.