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Pastimes : My House
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To: Original Mad Dog who wrote (27)9/4/2002 6:49:54 PM
From: E  Read Replies (2) of 7689
 
1. Reduce the self employment double tax to encourage entrepreneurial behavior and small business creation.

I've never understood the rationalization for that tax at all.

Except that self employed people naturally have no lobby. Subdivisions of them, like artists and writers, talk about it occasionally. Write a few letters.

While I'm on tax pet peeves, there used to be Income Averaging which benefitted the self employed by allowing someone who earned, say, 300k one year but had earned 30k a year for the preceding five years (and would go back to that level until the next project was complete), to average the large amount over several years so they were in a lower tax bracket instead of up there with those who earn 300k every year....

But they don't allow it any more.
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