I'm Rich!

B.O. said during the campaign that they would only raise taxes on the rich. I got my first paycheck of the new year, and my taxes went up. Thanks, B.O., for letting me know that I'm rich.

I have always known you were rich

slickjay12 wrote:

I have always known you were rich

If I'm rich, this country is in deeper shit than you could imagine.

The Other One wrote:

slickjay12 wrote:

I have always known you were rich

If I'm rich, this country is in deeper shit than you could imagine.

by what liberals preach, if you have a job and get a paycheck you are rich.

LukeTHr wrote:

The Other One wrote:

slickjay12 wrote:

I have always known you were rich

If I'm rich, this country is in deeper shit than you could imagine.

by what liberals preach, if you have a job and get a paycheck you are rich.

If they get their way, if you have a job, they'll be taking your paycheck. But you'll still be considered rich.

And one of the lucky few.

Would you like some cheese?

Bighead wrote:

Would you like some cheese?

Save the cheese for the Ratz.

food service industry= 30% cost of product including production and sales 60% profit 10% tax monies collected....

robert wrote:

food service industry= 30% cost of product including production and sales 60% profit 10% tax monies collected....

You have the IQ of a carrot.

yes yes of course... ive never researched any of this

robert wrote:

yes yes of course... ive never researched any of this

I believe that.

In case you don’t know, the reality is most restaurants make on average 5% for full service restaurants to about 15% for QSR, with Fast Casual making around 10%. Remember these are just AVERAGES. Some restaurants make much more than this, while others make much less.

The Other One wrote:

Bighead wrote:

Would you like some cheese?

Save the cheese for the Ratz.

Mark this day on the calendar. I'm neither a corporate giant on subsidies, nor am I qualified for welfare by race, or the number of babies I've dropped. I speak english and I work for a living and pay taxes, yet someone has offered me some free cheese.

Cathal Armstrong wrote:

A Night at Restaurant Eve

What are you paying for, exactly, when you foot the bill for a really nice dinner at a really nice restaurant? We asked Cathal Armstrong, chef/owner of Restaurant Eve--where dinner for two in the Tasting Room averages $250--to open his books and break down the check for a typical night at the restaurant.

Food cost: $52.35
Wine cost: $20.40
Labor cost: $81.50
Payroll tax: $7.50
Employee benefits: $13
Rent and Real Estate Tax: $16.75
Utilities: $4.25
Repairs and maintenance: $6
Promotions and discounts: $4.25
Advertising: $3.25
General supplies: $2
Credit-card fees: $7
Decorations: $1
Linens and uniforms: $4.25
Tableware: $1.25
Equipment: $1
Menus and licenses: $2.75
Accounting: $2
Liability insurance: $2.25
Bank-loan interest: $4

Total: $236.75
Restaurant's net profit: $13.25

When the Enchanted Island was open, the average profit per plate was $5. This is the main reason it's no longer open.

nitromaxx98 wrote:

Cathal Armstrong wrote:

A Night at Restaurant Eve

What are you paying for, exactly, when you foot the bill for a really nice dinner at a really nice restaurant? We asked Cathal Armstrong, chef/owner of Restaurant Eve--where dinner for two in the Tasting Room averages $250--to open his books and break down the check for a typical night at the restaurant.

Food cost: $52.35
Wine cost: $20.40
Labor cost: $81.50
Payroll tax: $7.50
Employee benefits: $13
Rent and Real Estate Tax: $16.75
Utilities: $4.25
Repairs and maintenance: $6
Promotions and discounts: $4.25
Advertising: $3.25
General supplies: $2
Credit-card fees: $7
Decorations: $1
Linens and uniforms: $4.25
Tableware: $1.25
Equipment: $1
Menus and licenses: $2.75
Accounting: $2
Liability insurance: $2.25
Bank-loan interest: $4

Total: $236.75
Restaurant's net profit: $13.25

When the Enchanted Island was open, the average profit per plate was $5. This is the main reason it's no longer open.

That $5 was probably gross profit, meaning it was before fixed costs and taxes were taken out.

Armstong's analysis is very accurate.

robert wrote:

yes yes of course... ive never researched any of this

Again, I believe that.