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Faculty Insight: Taxing the rich without sabotaging small business, a proposal for compromise

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Tuesday, October 16, 2012
Dan Palmon, a William Von Minden professor of accounting, makes a case that if the rich were defined as earning $1 million or more and companies generating less than $10 million in annual income were exempt from paying income taxes, it would represent a fair compromise between the Democratic and Republican tax proposals.

By Dan Palmon, William Von Minden Professor and Department Chair, Accounting & Information Systems

If the rich were defined as earning $1 million or more and companies generating less than $10 million in annual income were exempt from paying income taxes, it would represent a fair compromise between the Democratic and Republican tax proposals. 

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