Damned If You Don't Gordon Randall Garrett. The voltage then depends on the speed at which the armature is driven. Electricity for the farm Frederick Irving Anderson. If he drew 26 amperes, the voltage would fall, at the house, 26 volts. Electricity for the farm Frederick Irving Anderson.
Psychologically, it seems as if all money taken out of a person's paycheck is the same, but income and payroll taxes serve very different functions, with contrasting effects. Income taxes are withheld from an employee's wages and go into a general fund.
Add up all your sales. The difference between these two numbers is income and is taxable, exactly as other income is taxable. You are actually self-employed, running a small business. As a self-employed individual, you can set up retirement accounts, and do all the other things any self-employed person can do.But, you also pay taxes, not just income taxes, FICA, and medicare taxes, but also the employer share of FICA and medicare taxes.Granted, it probably seems easiest to just ignore all of this, but the law is the law, and most of us want to pay our fair share.ut, you also pay taxes, not just income taxes, FICA, and medicare taxes, but also the employer share of FICA and medicare taxes. Granted, it probably seems easiest to just ignore all of this, but the law is the law, and most of us want to pay our fair share.