Quote:
Originally Posted by whell
Such observations are usually made in reference to businesses formed under S-Corp, Partnership or Sole Proprietor tax rules, where there's not much difference between the personal income tax of the business owner and the income tax of the business. In those cases, it has everything to do with job creation.
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Most people with sub-s corporations or sole proprietorships don't pay the top rate. In fact, very few do. Furthermore, they employ very few people, sometimes none.
John