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Old 11-19-2012, 03:52 PM   #13
RINGLEADER RINGLEADER is offline
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Quote:
Originally Posted by Literature View Post
Okay, I'm a little confused by what you're arguing. Most small businesses are sole proprietorships or partnerships, and partnership taxes pass through to the partners, who are then taxed as individuals.
Correct, but there has to be a way to segregate the tax rate for business from that of personal income or the Dems won't reduce the rates (which is needed to get them to go with something other than an across-the-board increase) and the GOP won't go along with the income tax increase if it impacts business.
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