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Re:How to Jumpstart the Economy - Tax Free Small Businesses by rw on Monday July 28, 2008 @12:03PM (#259181)
Better than tax-free big businesses.
Re:How to Jumpstart the Economy - Tax Free Small Businesses by steveplace on Monday July 28, 2008 @01:02PM (#259253)
The loopholes this would create would lead to some very well paid accountants. I'm all for the idea of letting small businesses get tax breaks, but I think that Exxon could find a way to break themselves up into 25,000 smaller companies.
Re:How to Jumpstart the Economy - Tax Free Small Businesses by aggieben on Monday July 28, 2008 @10:46PM (#259952)
Cuban included in his "proposal" the restriction that this should be allowed only for individuals and only for one business. If you do it right, there won't be any Exxons taking advantage of it.
Re:How to Jumpstart the Economy - Tax Free Small Businesses by steveplace on Tuesday July 29, 2008 @08:25AM (#260374)
If I worked for Exxon and something like that passed, I would probably become the sole proprietor of Exxon[205.5] with an offshore company as my main shareholder, to whom I pay dividends.

Accountants are sneaky, that was my main point, anyways.