"the rest of you are probably earning more than I"
Yep, I'm living the simple life and I love it.
I pay nothing on my home that I own, no mortgage, no ground rent, no rates and no tax.
There is up to 12% VAT on some items in the shops but pretty much everything I buy is for the business so all tax deductible and, at the end of the day, it is my guests rather than I paying for it.
In the shops pork is $3.90 per kilo, chicken $3.04 per kilo, rice $1 per kilo, gasoline is currently $1 per litre but on an island this size we use very little of it, electricity is moderately priced, gas comes in bottles and is very economical, water costs us nothing as it comes from our own well.
Meanwhile the business that I have developed here is going from strength to strength.
Why the hell would I want to remain in the rat race where it seems the majority are bitching about their black president or the complete tit currently occupying 10 Downing St. etc. etc. etc? :)
Pork at $3.90 a kilo...1 kilo is 2.2 lbs...that means 1 lb is $1.77...add VAT, if applicable $1.99. I just paid exactly that much, $1.99 per lb for pork. Yes, it was on sale. There is no VAT for unprepared food items in the US.
Chicken at $3.90 a kilo...1 kilo is 2.2 lbs...that means 1 lb is $1.38...add VAT, if applicable $1.54. I just paid $0.89 per lb for a whole, uncut chicken. Yes, it was on sale.
Rice at $1.00 a kilo...1 kilo is 2.2 lbs...that means 1 lb is $0.45...add VAT, if applicable $0.51. I just paid $18.00 for a 50 lb bag of jasmine rice. That means $0.36 per lb. That is regular price at Costco.
Gasoline at $1.00 per liter...1 liter is .26 gallons...that means 1 gallon is $3.79...add VAT, if applicable $4.24. California gasoline prices are one of the highest in the US because of liberals, playing with additives. Yet, regular gasoline is $3.33 per gallon today.
I think you are paying more for goods than me, Martin. Yet, as colin says, "Who actually cares?"
Chicken at $3.04 a kilo...1 kilo is 2.2 lbs...that means 1 lb is $1.38...add VAT, if applicable $1.54. I just paid $0.89 per lb for a whole, uncut chicken.
That same whole chicken, fully cooked on a rotisserie is $4.98 or about the same price as the unprepared at Costco. 8% VAT will be added. According to Costco, they make very little on that. They keep the price low to lure customers.
martin, some are not bright enough to distinguish,(sorry)..... understand, difference between VAT and sales tax, be it an idiot or just plain dumb. For those who are not sure, look it up.
"$4.98 or .... 8% VAT will be added. According to Costco, they make very little on that."
RagingBull... Your post smells like BRAVO SIERRA !!!
The VAT is already included NOT added. VAT varies from country to country. Is around 20% in the EU. When you come here to visit the greatest country in the universe, "the Republic of California" expect to pay SALES TAXES ( not a VAT ), depending which city or county you do your shopping.
Raginbull....either you are from or residing in Canada,
No wonder he lost his job as an accountant presuming that full rate VAT needs to be added to EVERYTHING that may have already been included or is indeed not applicable!
I know nothing about VAT that is for sure. I did look it up. There is no such thing in the US that I am aware of. That is why I put, "if". Do you know what "if" means, Martin and Beemer?
For simplicity, I used VAT instead of Sales Tax because Martin used it. I know nothing about VAT and I am not sure anyone outside the US knows sales tax.
You can call me an idiot for not knowing what VAT is, but not knowing what "if" means would be worse.
I did make my point, didn't I? Martin pays more for his goods while he gets paid less.
"No wonder he lost his job as an accountant presuming that full rate VAT needs to be added to EVERYTHING that may have already been included or is indeed not applicable!"
Like I said, Martin. You are lousy at telling my stories. You are still crying about that job I lost in 2008? I have moved on.
For the record, they decided to get rid of me and then told me why. I gave adequate answers to their charges, but they decided to get rid of me before I even gave them an answer. It was all because I insisted that the HR director fill out a vacation or sick leave form if she takes either. It was my job to record that for all employees, including her. But, she did not. Further, she decided to work Fridays at home. I didn't know whether she was working, sick or on vacation.
She was friends with the CEO and I don't know what she told her. I kept up with the employees there. It took them two years to find an adequate replacement.
As a foreigner I'm not allowed to earn a salary here but as a business owner it is a grey area that is turned a blind eye to.
However I have an "expenses only" arrangement with my business, i.e. I live on "expenses only" whilst all surplus monies are retained within the business for future investments such as a 25KVA diesel generator, a new roof, new fencing, general maintenance and wear and tear etc.
The point I was making earlier was that it costs so little to live here that I don't need to earn a western salary and I'm having a great time being my own boss, working permanently from home and without some dumbass accountant questioning if I'm working or not.
Funny ..... It's a thing here that all these businesses have an accountant, they call them a bookkeeper here, and I found bookkeepers trying to sell their services to me.
I questioned of my ex girlfriend Jane "Why the f*ck do I need a bookkeeper when I attended and completed a bookkeeping course myself some 20 years ago?
Martin doesn't get paid. Everyone here is making more than him, except me, according to him and he doesn't get paid. The only way to get paid is by salary. Right.
Martin gets bold in his posts when he has a friend (Beemer) helping him. We already have proven that he is hiding his friend, Driftwood Arts other forum identity.
"I questioned of my ex girlfriend Jane "Why the f*ck do I need a bookkeeper when I attended and completed a bookkeeping course myself some 20 years ago?"
It's all a conspiracy, not only am I friends with Driftwood Arts but now I'm friends with beemer also, it's all a conspiracy, because RB has made himself so unpopular on this forum it's all my fault :)
I don't need an accountant to maintain spreadsheets of money in, money out, logging invoices and receipts etc. Like I do much of the plumbing, electrical and general maintenance myself, I didn't come here to sit on my ass and pay others when I know that I can do a better job myself.