Topic: Tax Code

Mike Collum explains the tax advantages of structuring a PMA as a 508(c)(1)(A) church-based ministry. Unlike 501(c)(3) organizations, 508(c)(1)(A) entities are "mandatory exceptions" that do not require IRS reporting or state income tax payments. This structure allows businesses, including grocery stores and cannabis clubs, to operate as ministries while paying staff as 1099 contractors.

Implementing UBI allows for a massive simplification of the IRS tax code by replacing complex deductions and loopholes with a universal tax credit. A flat tax combined with UBI creates a progressive structure where the wealthy pay more while the majority of the population sees a net tax decrease. This shift could move the tax burden away from human labor and toward capital gains or automated production, reducing market distortions and political class warfare.

Wendy Tremaine and Mikey offer advice for those looking to buy or build a sustainable home. Wendy emphasizes that property taxes are the most significant long-term financial burden and suggests living somewhere inexpensive. Mikey warns about the difficulties of code enforcement when building unconventional structures like paper domes. They recommend remodeling existing structures as the "greenest" and most cost-effective option, citing their own success in remodeling a 1967 mobile home.