It's a single-member LLC. The person doing the labor and the person who owns the company are the same person and whether they pay themselves the money as wages or dividends is not really the issue.

A thousand employees is a business on the scale of a mid-sized bank or companies like VeriSign or LendingTree or Iridium Communications. Companies with something like a billion dollars in revenue. $10M in revenue is a small business.

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JumpCrisscross 2 days ago | parent [-]

> It's a single-member LLC

Maybe exempt pass-throughs?

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AnthonyMouse 2 days ago | parent [-]

Why do it for entities of that size at all? It's not about their type of incorporation, it's about not adding more paperwork for small businesses.

You're using or. That means you don't need a low revenue number. You could use $10B because nearly all of the relevant companies would already be in on the basis of the number of employees regardless, so all you need is to catch the few outliers that manage to be major companies without hitting the employee threshold.

	▲	JumpCrisscross 2 days ago \| parent [-]
		> You could use $10B because nearly all of the relevant companies would already be in on the basis of the number of employees regardless Out of curiosity, why $10bn versus $1bn?