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Stupid Tax
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Stupid Tax

Mitchell Baldridge

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The world's most famous accountant, Mitchell Baldridge, and serial small business owner Scott Hambrick explore the best tax deal in America that no one is talking about: small business. They discuss all aspects of starting and operating a small business including sales, marketing, bookkeeping, taxes, and more.
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Beyond producing a body of pioneering research in thermodynamics, Faraday left an educational legacy: his great lectures on the “Chemical History of a Candle.” Originally published in 1861, this series of six lectures showcases Faraday's ability to clearly display scientific principles to a general population, landing him the reputation of one of t…
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All businesses are sales businesses. Without sales, business operations to make and deliver products and services can't happen, and without revenue, there is no business. So, how do you get sales? What you need is a funnel, a sales funnel. In today's episode Mitchell and Scott introduce the concept of a sales funnel, but point out that funnels are …
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Accounting, as Scott Hambrick says, is the scientific method of business. It's a process of data collection and testing hypotheses about how your business works. For Mitchell Baldridge, CPA, accounting is about the numbers -- debits, credits, chart of accounts -- but it's also about so much more. Accounting is not just about tracking the dollars th…
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Tune in for Part Two of Scott and Karl's discussion on Hilaire du Berrier's Background to Betrayal. Published in 1965, it remains the only book du Berrier ever produced and a crucial resource on the history of Indochina and our government's policies in Vietnam. Brought to you by onlinegreatbooks.com.…
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Small business is one of the best ways -- maybe THE best way -- for the common man to build generational wealth and set his family up with resources for the future. In an off-mic conversation Mitchell threw out $400k a year as the perfect amount of money to make as a business owner. It was kind of a joke, but not really, and it sparked the conversa…
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Starting a business is hard, and there's no shortage of stories in the media bemoaning the high rate of failure for small businesses, the long hours, the lack of benefits. For Mitchell Baldridge and Scott Hambrick, however, small business is the big time, one of the best ways for the common man to build wealth, find autonomy in his work, and align …
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Welcome to the Stupid Tax podcast, a show all about small business. The world's most famous accountant, Mitchell Baldridge, and lifetime small business owner Scott Hambrick dive into all aspects of small business: how to get started, building a sales funnel, managing your books, optimizing your taxes, and more. As Mitchell says, starting a small bu…
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In 1965, the Birch Society's publishing house, Western Islands, printed du Berrier's Background to Betrayal: The Tragedy of Vietnam. While hard to come by, it remains the most authoritative source in English on the crucial history of Indochina up to that point and is indispensable for an understanding of the tragic consequences of our government's …
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Scott and Karl read and discuss James S. Taylor's 1998 book, Poetic Knowledge: The Recovery of Education. Taylor describes his work as an “attempt to resuscitate a nearly forgotten mode of knowledge.” This "poetic knowledge" is not the knowledge of poetry. Rather, it is an intuitive, obscure, mysterious way of knowing reality. As Karl points out, "…
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Scott and Karl delve into James Howard Kunstler's 2008 end-of-days novel, World Made by Hand. James Howard Kunstler is an American author, social critic, public speaker, and blogger, perhaps best known for his 2005 novel, The Long Emergency. He has an active podcast, KunstlerCast, where you can find more of his honest urban commentary. World Made b…
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Scott and Karl finish their discussion of Father Francis Bethel's biography, John Senior and the Restoration of Realism. According to Scott, if you have concerns about yourself, how you interact with the world, and where the world is going— you need to read some John Senior as well as this biography. In his works, John Senior discusses how there ar…
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Scott and Karl begin their discussion of Father Francis Bethel's biography that examines the life and thought of "cultural critic, university professor, and sometime cowboy," John Senior. John Senior is the founder of Clear Creek Abbey, a Benedictine Abbey in Cherokee County, Oklahoma. He is the author of both The Death of Christian Culture and The…
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To round out 2022, Scott and Karl decided to revisit Shelby Foote's 2,968-page, 1.2 million-word history of the American Civil War. Collectively, Foote's history of the Civil War includes three compelling volumes: Fort Sumter to Perryville, Fredericksburg to Meridian, and Red River to Appomattox. Scott and Karl begin talking about the tenuous natur…
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We're back! Scott and Karl explore Helen and Scott Nearing's The Good Life (1954) and Continuing the Good Life (1979) in a new, long-form podcast. In the 20th century, Scott and Helen Nearing became the new models of self-sufficient lifestyles and rural homesteading. Having abandoned their life in New York City in 1932, rural Vermont became the pla…
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