Welcome Guest. Register Now!  



Find a tax professional cpa near you

Old
Rating: 2 votes, 5.00 average.

What is the best tax strategy to boost the economy?

Posted 05-22-2008 at 11:08 AM by TaxGuru
I think one of the best tax strategies to immediately boost the US economy is to cut the social security taxes for self-employed taxpayers.

The immediate impact would be to stimulate small self-employed businesses by cutting one of the biggest tax burdens. This net profit from self-employed businesses is subject to the 15.3% self-employment taxes and by cutting this in half would do more to help the small businesses than any tax credits or tax rebates.

This particular...
TaxGuru's Avatar
Tax Guru
Posted in Uncategorized
Comments 0 TaxGuru is offline
Follow us on Twitter
» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 
Forum for CPAs
 
Financial Planning