4 ms·
It would incentivize the purchase of pre-tax goods and services. Once you hit the top rate, anything your personal LLC could purchase (on your behalf) would be
by nugget 7y ago
It would incentivize the purchase of pre-tax goods and services. Once you hit the top rate, anything your personal LLC could purchase (on your behalf) would be effectively subsidized. For example, the hiring of full-time personal assistants would become much more economically attractive.