GRBJ: Phil Mitchell Comments on Proposed Small Business Tax

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Read about the proposed small business tax increase on the table in Lansing currently. Our own Phil Mitchell comments, "“We’re getting into more of a gig economy, where people are contractors, or real estate agents, where there are independent contractors, and they’re already paying a self-employment tax, as well,” he said. “So, there’s a lot of other tax already occurring. That part is sort of missed out on. We’re not talking about the company that made a couple of billion in revenue or profit; you’re talking about someone just making $60,000 of income, and this is a pretty big (addition), even if only $10,000 of that is now taxable.”


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