Subscribe to this story's comments
There is a huge problem with lowering the business tax and leaving the income tax still very high. Small businesses pay the individual rate so this would be grossly unfair to millions of small businesses and one of the great engines of our economy. If legislation is passed to allow small businesses to pay taxes at the corporate rate then you can look for millions of wage earners quitting their jobs, forming private LLC's and going back to their employers offering their services as consultants of their newly formed companies. The beauty of the Reagan era tax cuts is that the top rate was the same for all income. We have to get back to a lower flat rate on all income equally.
Quit raising taxes and CUT SPENDING. Where does it say in the Constitution that the government should continue to grow while the economy stagnates?
Post a comment
There are comments on this article, submit your opinion!
