T Wall-Street’s words come back to haunt him…
Um, T. Wall pays individual taxes? Not most years‘¦
‘[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]