Stop small business spin, lies
As someone who advocates for thousands of small businesses, I know they want fact, not spin. Unfortunately, too often we hear inaccuracies and misinformation about how government policies affect small businesses. Ending the Bush-era tax cuts for the richest 2 percent of Americans is one policy where small business has been caught up in a whirlwind of spin.
So how would allowing the two top tax rates to return to their pre-2001 levels affect small business owners, most of whom pay income taxes on their business income through their personal tax returns.
Everyone seems to agree that less than 3 percent of small-business owners with “pass-through” business income — income from partnerships, S corporations and sole proprietorships — would be affected should these tax cuts end.
But supporters of extending the high-income tax cuts then argue the top tax rates cannot be allowed to return to their pre-Bush levels because, they say, these 3 percent of small businesses employ about half of the workers in small businesses and also account for about half
We recommend you visit the following site for more complete information and related topics. Article source: http://www.superiortelegram.com/event/article/id/71436/group/Opinion/