[wayoverontheright]

As the owner of two small businesses, one a C-Corp and the other an LLC, I so concur with the author’s conclusions, and suggestions for solutions.

A plan like this would put this economy back running on eight cylinders, instead of the three-sometimes-four chambers our economic engine has been powered by-for some time now.

[Psalm 144]

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[Zeppo]

All income would be treated the same (i.e. no capital gains).

That approach ignores the time value of money and the effects of inflation, and would damage people with long-term gains (thus decreasing incentives to invest for the long term).