100% agreed, which is why I was pretty surprised to read that in the article but we'll see if that's actually the intended understanding of this proposal. For

100% agreed, which is why I was pretty surprised to read that in the article but we'll see if that's actually the intended understanding of this proposal. For reference, here is the excerpt: "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." Their specific mention of pass-through entities might mean that literally but it might have just been a more succinct way to group LLCs, LPs, and PLLPs.