1 posted on
11/28/2017 4:13:53 AM PST by
Kaslin
To: Kaslin; SkyPilot
Wow, I didn’t realize that the removal of State and Local tax deductions that apply to everyone else won’t apply to corporations. I guess the Republican desire to screw the middle class knows no bounds.
2 posted on
11/28/2017 4:19:53 AM PST by
Wolfie
To: Kaslin
Simple solution..., INCORPORATE so you can have more favorable taxes!
3 posted on
11/28/2017 4:24:24 AM PST by
ExSES
(the "bottom-line")
To: Kaslin
Unlike a small business, a C-corporation is double taxed (because its owners also pay a dividend and or a capital gains tax of 23.8 percent on top of the 20 percent corporate tax), so the tax rate it pays would be close to the 36 percent a small business pays. Except large corporations almost never pay dividends.
4 posted on
11/28/2017 4:27:58 AM PST by
SeeSharp
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