I hardly think taxes with no deductions will be a problem on $17,000. After the government takes its share, you'll still have more left over than you would after paying for fuel, parts, repairs, seed, fertilizer...
That right there just stymies me to no end: The government TAXES the money it just handed to you! "Here's $5, now give me $2 back." How does that make sense? Why not just give you $3 and be done with it?
I've never understood why the government taxes its own handouts, taxes its employees, etc.. You'd think if you worked for the state you should get a lower salary but be exempt from state taxes, for example.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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