As I stated, there are two ways to tax an LLC: as a corporation (with a a separate proposed tax rate of 15%), and as a partnership (pass-through to taxpayer, no

As I stated, there are two ways to tax an LLC: as a corporation (with a a separate proposed tax rate of 15%), and as a partnership (pass-through to taxpayer, no separate tax, taxpayer pays at individual rate). I posted the text of the plan, and there is no pass-through limit of 15%. There are no pass-through limits in the current law. If there was a 15% pass-through tax limit, it would be absurd, because everyone in the 25% and 35% tax brackets would just form LLCs and get paid through that. The Times is misconstruing the plan in order to give an absurd result, which they have done in the past with Trump.