Friday, August 22, 2008

Stop hurting small businesses!

This might be a good time to bring up my perennial question:
Why is S-Corporation income taxed at the same rate as personal income while C-corp income is taxed at a different rate?

It seems if the problem with raising marginal income tax rates is that it hurts small businesses, you could just come up with a separate tax rate for small businesses - right?

crossposted to yglesias

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