Agreed. His "material" costs could easily be double what he's charging for labor. The plans for a $20 million water treatment plant have the labor estimated at $6 million and material north of $14 million. The guy might get $100-$120 for installing a $500 front door, his material and supply costs could easily be double his labor.
Even if he was twice as high on his costs as he should be how much do think he's got left with only $33k in gross revenue and paying 15% of the net in taxes?
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Today's Featured Article - A Belt Pulley? Really Doing Something? - by Chris Pratt. Belt Pulleys! Most of us conjure up a picture of a massive thresher with a wide belt lazily arching to a tractor 35 feet away throwing a cloud of dust, straw and grain, and while nostalgic, not too practical a method of using our tractors. While this may have been the bread and butter of the belt work in the past (since this is what made the money on many farms), the smaller tasks may have been and still can be its real claim to fame. The thresher would bring in the harvest (and income) once a y
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