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View Diary: Lucky Ducky, in "Gimme Shelter" (11 comments)

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  •  They don't lay aside money for a rainy day, they (0+ / 0-)

    borrow it.  If they have a profit under current law they pay tax on it up to 35% depending on what tax breaks and loopholes and assorted scams they can find.

    A small business owner who operates as an S-Corporation pays taxes on all the profits of the business on her personal tax return.  There is no laying aside that is tax free.

    And there would have to be a Democratic Party to do anything.

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