Sore subject for me.
You forgot $1200/ mo for medical insurance - for an 80-20 policy with a $5000 deductible.
The authorities will swoop in to pick you over for permits, licenses, fees, taxes. Employees will flake on you, you'll have some impossible-to-please customers try to ruin you. You'll be numb because you've been working 7 days/ week, 12 hours/ day for years.
Then, thru the miracle of depreciation, you can wind up losing money and still owing tens of thousand of dollars in federal tax. When your savings are wiped out, you'll have to re-mortgage your house to avoid having the gov't seize your assets.
And $100,000/ month? We grossed that our first YEAR.
The American dream is dead. It's been regulated and taxed out of reach.
