Quote:
Originally Posted by ruddstud
I thought that too but he made some valid points.
Most cabbies rent the car for $400 per week and DO NOT report their earnings to anyone! Cash goes into their pocket. Ther get paid cash for their VISA charges.
Also stated that to make $200 a day (cash) is EASY!!!
$200 a day x 6 days = $4800 tax free a month!
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This assumes the guy works 6 days a week (probably 10-12 hours per day) straight throughout the whole year without any vacation. It still only amounts to $57,600 max. Plus don't you have to factor in things like gas, maintenance, etc?