Income Insurance Policy Idea

One business you can start if federal income taxes ever disappear and you can’t write off your losses is to create an income insurance. Taxes help pay for things and they help give back to the investor. Business is not guaranteed, you could pay a premium in case you do not make money and get a certain amount back every year just like writing off your losses. It would be specifically for covering losses, but you are still running a business. The amount of coverage depends on the premium that you pay monthly. This way investors can have a cushion and a safety in case they cannot earn income with their business.

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