Speaking to a Howard County Chamber of Commerce breakfast, Sen. Ed Kasemeyer, chairman of the Budget and Taxation Committee, said that a work group of his committee wants to “do something” on the subchapter-S small business pass-through tax rate. Pass-through tax businesses pay tax on business income at the individual rate.
“We just have a concept in mind” and no details, said Kasemeyer. The work group includes fellow Howard County Democrat Jim Robey, the new Senate majority leader and a budget subcommittee chairman, who also attended the breakfast.
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2 comments:
so these idiots.... who couldn't run a friggin lemonade stand... what to slap in the face then punch small biz in the stomach with tax relief... then increase the minimum wage!!! and as a side benefit....screwing you and me....who do these idiots think will pay for this? ....hell i can go to the red light sex shop and get a cheaper double ender then these morons are proposing
Smoke, meet mirror!
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