Quote:
Originally Posted by Literature
Subchapter S includes a definition of small business. Less than 100 people (family members are included as one), and some other things.
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Right, but if you're increasing rates on individuals you have to put some type of minimum employee threshold or create an individual business definition. Otherwise everyone will just incorporate to protect their individual rates.
I don't agree with tax increases at all, but if you're going to do it you have to do it in a way that protects real business and targets just the personal income taxes.