Nov
06

Taxing Solutions

While corporate tax reform is admittedly a longshot, here are two ideas that should rank high in any effort. Eliminate the business deduction for interest payments so that debt would not have more favorable tax treatment than equity. Second, require all firms with $100 million or more in sales to pay the corporate income tax. As it is now, all firms organized as S Corporations and LLCs totally avoid it.

Share This Post
Facebook Twitter Email

Speak Your Mind

*