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Message: <blockquote data-quote="diesel96" data-source="post: 410736" data-attributes="member: 9859">--Dannyboy, Maybe I'm wrong but as I understand it, as a sole proprietor you will not be double taxed as like a corp. rather on your net profit and personal income.The overwhelming majority of small-business owners would see no increase, and in fact, sole proprietors filing on personal tax returns might even seen a decrease in taxes and Obama's tax plan proposes to raise rates on couples making more than $250,000 or singles earning more than $200,000 per year. Most small business owners do not earn enough to be affected by any tax increases.   --Mr FedEx, well written post.</blockquote>