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In the US, higher small business tax rates are championed solely by the left. This fact is more accurate in characterizing left/right centralized authoritariani
by TiberiusC 5y ago
In the US, higher small business tax rates are championed solely by the left. This fact is more accurate in characterizing left/right centralized authoritarianism than tech metaphors ever could.
- luma 5y agoIs there someone out there campaigning on "increase taxes on small business"? I think this is a strawman, "tax the rich" doesn't mean "tax the corner baker".
- TiberiusC 5y agothe corner baker is a llc last I checked
- luma 5y agoMeaning? You do realize corporate taxes are also marginal, yes?
- TiberiusC 5y agoMarginal for you, but not for the baker. Unless you too think 21%(+ about 9% in Cali) isn’t marginal. That doesn’t include all the misc taxes which push your overall rate of doing business closer to 50%. That’s just the llc(baker) rate
- jhauris 5y agoNobody says "let's tax the corner baker", but often will advocate for tax policies that would negatively impact that baker in the name of taxing the "rich".
- inglor_cz 5y agoIDK how is it in the US, but where I live, additional regulations are more of a burden than taxation per se, and compliance with new regulations is usually easier for established big players than for the corner bakers.
- TiberiusC 5y agoThis is true in the US too, but reducing taxation is easier than reducing regulation. That said the same rings true for regulation as it is predominately a weapon used by the left