The notion that business owners pay less tax than workaday individuals is a media-created myth. Uh, except that corporations pay taxes on net while individuals

The notion that business owners pay less tax than workaday individuals is a media-created myth. Uh, except that corporations pay taxes on net while individuals pay taxes on gross. It is entirely possible to structure your corporate income such that you would pay less tax than a normal individual. You simply use your company to pay for all your expenses, take no salary and instead pull in dividends and/or stock that can be sold at long-term capital gains rates in a year. I'm not sure how you missed all those stories about the selfless CEOs taking $1 salaries (and millions of dollars in stock) in order to do just that.