I hear a lot of people complaining about taxes at this time of year. Not just that they have to do their taxes and spend hours pouring over old records and trying to figure out indecipherable forms, but also musings and opinions about taxes in general.

I often hear opinion expressed that businesses, property owners and "rich people" do not pay their fair share of taxes. And I agree. I agree that they don't pay their "fair share" as defined in most people's minds. But I also think that in certain circumstances, these businesses and people shouldn't have to pay any taxes.

That may sound a bit radical for many people reading this, but allow me to explain my reasoning.

First, why are we taxing businesses on their profits?

A business exists, whether it is a sole proprietorship or a large international corporation, to make a profit. People create businesses and invest in stocks with idea that they will get a share of profits. This is basis of our system of capitalism. It is motivation for a free marketplace and private ownership of property.

Why would anyone go to trouble of starting a business unless they expected a significant return on their investment of money and time? Why would you bother buying stock in a company if company never gave you any dividends (yes, stocks can appreciate, but bear with me)?

There comes a point when deciding where to invest your time and money that you have to figure out how much return you need to make your effort worthwhile. If you work at a job and earn $30,000 a year, how much will your business have to make to replace your income? How much more do you want it to make for taking risk of quitting your job and building a business?

If you can't make much more than $30,000, it hardly seems worth it to spend all extra time and take extra risk of starting business. So let's say that you figure you can earn $50,000 with your business. And that is enough to take risk.

But now government comes along and tells you that you have to pay $7,000 in taxes on your $50,000 business profit. Now you have a choice. Live with less or increase your business income. Living with less defeats whole purpose so let's look at increasing your business income.

You can either increase your business income by getting more clients, selling more goods or raising your prices. When you are in a less competitive market, raising your prices is easiest thing to do. So you raise your prices. Now you are earning $50,000 you wanted in first place and you have effectively passed your business taxes on to your customers.

But not only are your customers paying a higher cost for your product or service but they may also be paying more in sales taxes. They get a double-whammy. If your customers are businesses, they will pass on their increased costs to their customers. This cycle continues until cost of every business' taxes are eventually passed on to consumer - me and you.

They are new trend in predatory lending practices but still manage to fly under radar of regulation in most states. They don' t charge interest, they charge a "fee".

But it sounds like ultimate in convenience. Need some quick cash - stop by and in just five minutes you can be out door with $100, $500 even $1000 dollars. But what is true cost of this "convenience"?

How It Works

A cash advance or payday/paycheck loan is usually secured by a personal check. Some companies want your bank account or credit card information in addition to or instead of a check.

You write a check to be cashed or agree to have an amount withdrawn from your bank account sometime in future; usually 14 days (the standard payroll period).

After completing agreement/contract you are given an amount that is less than what you have agreed to pay. The difference is "fee" for loan service. And you have got your cash!

Why It Works

Why is company willing to loan you money like this? Simple, because loaning out money for these "fees" really amounts to a huge profit at your expense.

For example, say you borrow $200 and lender charges a "fee" $15 for each $100. Within 14 days you will have to pay $230 for borrowing $200. Now if $200 keeps you from having to pay a $100 late fee or penalty on something it is probably worth it. But if you just want money today, you are paying a high price.