Quote:
Originally Posted by Slava
A corporation is a corporation. It’s not just for tax purposes, it’s a structure setup for operations. I know that when people hear “let’s tax those bad corporations”, they automatically think of those enormous multinationals who seemingly have money to burn. In reality, all those small businesses and mom and pop shops are corporations.
Small businesses make up a significant chunk of our economy, and raising taxes there is just shortsighted.
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And they're the ones paying their rent, property taxes, employees and dont have the luxury of being able to shuffle their income from Entity A to B to C.
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