"No taxes of any kind on small businesses with 25 or fewer employees. No employer payroll tax. No state or local taxes. No taxes on earnings. Nada. The business owners will pay income taxes on their personal income they pay themselves, but not corporate earnings"
~Mark Cuban (wiki entry)
Being an entrepreneur since I was 15 years old, I fully support Mark's idea here. It is not the taxes that caused me trouble early on, it was all of the paperwork and red tape.
This concept is highly relevant to real estate professionals as most of them are independent contractors and are therefore small businesses. The only change to Mark's post I would suggest is that the small business size should be cut-off at 5-10 employees or less; 25 or less is too big.
