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Nice, just yesterday I asked on here how that pass-through entity tax rate is not the primary discussion, glad to see someone else noticed. https://news.ycombi
by ringaroundthetx 9y ago
Nice, just yesterday I asked on here how that pass-through entity tax rate is not the primary discussion, glad to see someone else noticed.
https://news.ycombinator.com/item?id=15354110 https://news.ycombinator.com/item?id=15354110
My only gripe is that this isn't just a loophole for the wealthy.
Any schmuck can make a pass through entity for $100 and do all their business through that. They might opt to be corp-to-corp contractors for every employment contract they sign.
This would be a godsend that spans all socioeconomic classes.
- djrogers 9y ago>My only gripe is that this isn't just a loophole for the wealthy. The article addresses this - the tax rate for a married couple making ~150k or so is already 25%, so it's only people who make more than that who would be impacted by this.
- ringaroundthetx 9y agoah nice, to not see that I must be part of the bourgeoisie oblivious to the socioeconomic woes of the underclass finally.
- s73ver_ 9y agoWell, for one, that requires you to have $100 to spare to register. Two, it requires your employer to be willing to hire you like that.