Today a friend commented on my facebook wall that I should monetize my Blog. That got me thinking about placing advertisements on my blogs to generate some sheckels.
And I remembered this story (H/t Instapundit)
The state of New York has cut off unemployment benefits for a 2008 law grad after she reported collecting $1.30 a day in advertising income from her blog.
Karin has earned about $238 from the advertising generated from Google AdSense, according to the story. She has since taken the ads off her website.
Though I am a capitalist, I don’t want the government purloining my hard earned ad revenues. The administrative costs to file a more complicated tax return, and paying additional taxes, would likely negate any benefit of the negligible ad revenues I would expect to receive.
So for the time being, I shrug, and go Galt. The IRS can’t take money I don’t earn.
If in the future advertising becomes lucrative and would substantially exceed the transaction costs accompanying the governments yoke on my shoulders, I’d be willing to reconsider my intransigent Galtiness
Well, I already said “shrugged” and “galt” in this post, so I might as well throw out the rest of my favorite expressions: liberty or death, live free or die, and from my cold dead hands.