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Should we get rid of LLCs for small businesses? Corporations developed to encourage investors to contribute the capital needed to create large-scale manufacturing enterprises. But

Should we get rid of LLCs for small businesses?

Corporations developed to encourage investors to contribute the capital needed to create large-scale manufacturing enterprises. But LLCs are often start-ups or other small businesses. Why do their members deserve limited liability? And is it fair that LLCs do not have to pay income taxes?

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