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- The Section 179 Hype Is Real
The Section 179 Hype Is Real
Let’s talk about Section 179 and why rushing to buy new equipment to "save on taxes" might be a big mistake.
Here’s the breakdown:
Standard Deduction First: If you’re married and filing jointly, you already get a $29,200 standard deduction. That comes off your profit before taxes are even calculated.
Low Tax Bracket Misconception: You could profit up to $123,500, subtract the standard deduction, and still only pay 12% federal income tax on the remaining $94,300. That’s a 12% tax rate—far lower than most assume.
A 12% “Discount” Isn’t Much: Spending thousands on equipment just to save 12% in taxes doesn’t make sense unless you genuinely need the equipment to grow your business.
Ask yourself this: Is a 12% tax savings really worth taking on debt or draining your cash flow for shiny new gear? Smart businesses focus on maximizing profit—not chasing deductions.
Build a solid foundation, not unnecessary expenses.
I want you to be rich. Stop buying toys. Stop buying the lies.
PS - We are only a couple of weeks away from Blue Collar Summit! It is a three-day deep dive and business workshop. Jon Taffer from Bar Rescue will be there! The conference is full of networking and knowledge. Book tickets now at BlueCollarSummit.com

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