joec, point is, we all chose our path based on what we’re good at and what we value. Just because we pick one path doesn’t mean we can’t point out the facts. I’ve never said it’s easy or not risky being a biz owner. I’m just pointing out the fact that there are stuff biz owner can write off that W2 earners can’t. Company cars is one example. Home office is another. However about computers, internet, cell phone, electricity, water, home remodel, etc. All of those cost W2 earner some serious change while biz owners gets all of those stuff before they even get to their taxable income. So, $100k is not $100k when comparing W2 vs small biz owner.

I know many small biz owners and I see what they’re putting in. I also see many hard working W2 earners who put in just as much time as those hard working biz owners, trying to move up the corp ladder. So, you can’t say one is easier than the other if you tried to get to the same level of income.

What I’m pointing out is, a small biz owners making $500k/year is much more well off than 2 W2 earner making $500k/year, since there are many things you can write off. Same can be said at $200k level as well or even $100k level.

Back to the original topic. My selfish side don’t mind if this passes. I will be net positive if this passes. But like you said, I don’t see this passing with the replucan controlled Congress. Yay for divided government.