Senator Clinton’s Tax Policies – Bad for S Corporations
Recently, we reviewed Senator Obama’s tax policies and how they might impact S corporations should he become President. What about Senator Clinton? If she becomes President, how would her tax policies impact small and closely-held businesses?
In general, Senator Clinton has opposed the rate relief and other tax reductions enacted over the past eight years. As she told one audience:
I want to restore the tax rates we had in the ’90s. That means raising taxes on corporations and wealthy individuals. I want to keep the middle-class tax cuts, and I want to start making changes that will save us money, save …