I am not pinning the amt on anybody. Well maybee congress.
I mispoke about retirement acounts for the most part those are bit more complicated and depend on what type it is and how its structured. Houses are only exempt to 250,000 single and 500,000 married and you have to live in it two out of five years. ETFs and muatual funds, ect still stand. The capitol gains rate will depend on the lenght of time the asset was held and your tax bracket.
Most people dont take expeneses into consideration when they see the grosse receipts. They just see you made a bunch of money.
In my particular case it not been the taxes though they have went up, its been the regulatory crap has been expanding very rapidly. CARB in particular, though they aint alone.
Still looking for the Unicorn, I will probably find one when I am dead.