1/ The next time the GOP says they are fighting for small business, know that’s a lie. They had an opportunity to prove their #smallbiz commitment & do right by entrepreneurs and small biz owners- the backbone of our economy- and punted.
2/ Private equity professionals, who earn $$ of off investing others’ capital will keep low “carried interest” tax rates, but professional service providers that own their own businesses & risk THEIR OWN CAPITAL w no guarantees at all, get higher ordinary income tax rates.
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