I’m asking about this section of U.S. Code specifically:
https://www.law.cornell.edu/uscode/text/26/subtitle-A/chapter-1/subchapter-F
I’m asking about this section of U.S. Code specifically:
https://www.law.cornell.edu/uscode/text/26/subtitle-A/chapter-1/subchapter-F
I think that businesses below 200k annual income are probably not worth taxing outside of income taxes on employees. It’d probably spur small business entrepreneurship which I think is pretty healthy for market competition.
Then a government would be incentivised to write policy to benefit bigger organisations and hurt small businesses. The government would make more tax revenue if they encouraged the bigger, taxable, orgs to crush the small business and absorb their previously non-taxable market share.
Completely related question.
What do you do for a living?
I’m gonna guess entrepreneur.
Same