Allowing certain small business start-ups and their employees to opt out of paying anything for Social Security and Medicare is nuts. It's profoundly unfair to people already in business or working elsewhere and short-changes the employees on earning credits to qualify for a future SS pension.
Cuban might be right about income taxes, but he is not right about payroll taxes.
Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.
of @ Sep 18, 2008 10:10:51 AM
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