If we take the extreme example of Kansas, which eliminated income tax on pass through entities, we'll see wealthy households structure their income through thes

If we take the extreme example of Kansas, which eliminated income tax on pass through entities, we'll see wealthy households structure their income through these entities as part of their tax planning. This did not grow the economy as expected and absolutely cratered the Kansas State budget and the ability for the state to provide services. Kansas undid these tax cuts this year. https://taxfoundation.org/kansas-pass-through-carve-out-national-perspective https://taxfoundation.org/kansas-pass-through-carve-out-nati...