Thursday, March 5, 2009

Book Now and Save 1% !?!


That's right!  It's a once in a lifetime opportunity here at Phat Baby Photography.  If you're like me you've probably tried to avoid reading the news lately, but, in a nutshell the economy is not so hot and everyone (babies included) is getting a tax increase.  The top 2% earners get increased federal taxes (and fewer deductions) but before the other 98% of you cheer, know that you'll also be paying more taxes (see footnote).  In case your wondering, what Zoe is doing, she's putting on her gloves and getting ready to "fix" the economy.  Okay, so this is pretty doom and gloom, but if you finish reading this post, you'll have the opportunity to actually save money:

So here's how Phat Baby Photography is going to help the economy in our own small, little, baby sized, way:
  • We're buying $3000 in new hardware to stimulate the economy and increase productivity.  This helps in two ways.  First, two-thirds of our GDP is from consumers buying stuff.  Second, and probably more importantly, the stuff I'm buying isn't Costco sized mustard, but a new Mac Pro and monitor that makes me more productive and gives you better looking pictures.  As we all know from economics 101, the only true way to increase quality of life (i.e. real income on a macro level) is to increase productivity otherwise it's a zero-sum game (someone is making more money and someone else isn't).
  • The Phat Photographer and his wife have agreed to increase our tithe to our church knowing well that Central Peninsula Church will be a good steward of the funds and help our neighbors in a direct and meaningful way.  We're not sure yet if we can cover that yet but God's given us gainful employment and now seems like a good time to put that to work.
  • ... and finally if you book now, you get the benefit of the old tax rate of 8.25%.  Sorry I have to charge tax (warning this links to a 51 page document), you know the whole "Give to Caesar what belongs to Caesar..." thing.
So book a photo shoot before April 1st and get taxed at the meager rate of 8.25%.  Act now, and I'll throw in the usual dose of proofs for you to keep, a whole lot of fun with your baby and beautiful photographs that will last a life time.

Footnote: The Wall Street Journal calculated that even if the top 2% were taxed 100% of their income, we would still have a substantial (I can't recall the number and I'd hate to miss inform you) deficit during the next four years.  Sadly this impacts our kids too, since they'll be paying off our debt.  But as I said before, the best thing in life is absolutely free.

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