Here’s a short video produced by three teenagers on
Teenage Taxation Without Representation
http://vimeo.com/user24314218/teenagetaxation
Teenage Taxation Without Representation (C-SPAN Student Cam 2014) from lei on Vimeo.
That’s me in the beginning clip. You can also jump to 4:00 min to see me explain that the self-employment tax threshold of $400 has not been adjusted since 1954!
If it had been adjusted it would be $6,000!
Imagine being able to earn $6,000 before you had to pay self-employment tax! Think that would encourage some teens to start a micro business?
Help me and these teenagers adjust the tax on teen entrepreneurs. Click on the link for a letter you can send to your Representative or Senator.
Eliminate tax on teen entrepreneurs
Carol Topp, CPA