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A blog for Small Business Consultants and the vendors who serve them. This will get to why I titled this weblog put up “Apparently income isn’t simply revenue any more.” Congress appears to be moving in direction of creating lists of professions and businesses that should get larger versus lower tax rates. It’s not only a matter of, say, more favorable cost restoration rules in one occupation relatively than another. Now actual labor earnings (with sufficiently well-advised structuring) will get different marginal tax rates, relying on whether it’s earned in a business that Congress likes extra, or one which it likes much less. And that is utterly advert hoc and decided on in secret, with out even a press release of broader underlying rationales. A greenback is not just a dollar – its tax price is dependent upon whether or not and the way a lot Congress likes the relevant … 
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