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this tax proposal would change that though, right? it sounds like you'd now pay your personal tax rate or 15%, whichever is lower, on income received from the p
by eyeinthepyramid 9y ago
this tax proposal would change that though, right? it sounds like you'd now pay your personal tax rate or 15%, whichever is lower, on income received from the passthrough entity.
Edit: "Beyond cutting the tax rate to 15 percent for large corporations, which now pay a rate of 35 percent, Mr. Trump also wants that rate for a broad range of firms known as pass-through entities — including hedge funds, real estate concerns like Mr. Trump’s and large partnerships — that currently pay taxes at individual rates, which top off at 39.6 percent."