T Wall-Street’s Words Come Back to Haunt Him…


Um, T. Wall pays individual taxes? Not most years‘€¦

‘€œ[O]ur businesses are pass-through businesses, that is to say our taxes are paid through the individuals. I and my investors pay taxes individually on behalf of our businesses. The only business that has double taxation, which is a C-corp, is something that’€™s traded publicly and we’€™re not public businesses. We don’€™t pay taxes like a C-corp. We pay them individually.’€ [WisPolitics interview, November 2009]

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