What are advantage of partnership to limited liability?

What are advantage of partnership to limited liability?
None. A partnership is nothing but a glorified sole proprietorship...it provides ZERO legal protection. If anyone sues you, they can take all of your assets. When it comes to taxes, you pay an additional 15% self employment tax on any profit from the business. A limited liability company offers more legal protection, but you are still in the same boat with taxes. Legally, an LLC member is only liable up to the amount he has invested in the company. So if you only invested $10,000 in the company and someone sues you, they can only get $10,000.