The loopholes this would create would lead to some very well paid accountants. I'm all for the idea of letting small businesses get tax breaks, but I think that Exxon could find a way to break themselves up into 25,000 smaller companies.
Cuban included in his "proposal" the restriction that this should be allowed only for individuals and only for one business. If you do it right, there won't be any Exxons taking advantage of it.
If I worked for Exxon and something like that passed, I would probably become the sole proprietor of Exxon[205.5] with an offshore company as my main shareholder, to whom I pay dividends.
Accountants are sneaky, that was my main point, anyways.
