So why do you think doctors and lawyers endorsed the law. Could it be they will all be general partnerships before the year is out?
Hey Orange, how are you? I saw you on the other thread but didn't get a chance to respond. Sinkspur is an avid supporter of this plan, and no amount of logic will sway that.
I think the affects of this will be seen in a year or two. It'll be hard for a small business to hire on additional personnel and grow if they have to pay $15-20K in taxes. Growth will slow in Texas and lots of small businesses will be put out of business. But at least they "paid their fair share". No one realizes how hard it is for the small business owner to stay in business, except for another small business owner. Perry is taking delight in punishing achievement.
YUp. You don't think the criminals in Austin will allow themselves to be taxed do you?