Passthrough Rate News Today

Work with a rubix cube. a lot of competing demands. you have deficit hawks on the republican side of things. this is a $1.5 trillion proposal, and these individuals dont want it to add to the deficit or debt in the long term. they want a trigger, basically something that would snap back the tax rates into play if the economic growth projections didnt match up to what they were looking for. thats senator james lankford, senator jeff flakes. then you have susan collins who a lot of people assumed ...

Deficit or debt in the long term. they want a trigger, basically something that would snap back the tax rates into play if the economic growth projections didnt match up to what they were looking for. thats senator james lankford, senator jeff flakes. then you have susan collins who a lot of people assumed webe a no from the get go. thats not the case. shes closer to yes. why? shes gotten a commitment than will add the state and property taxes capped. then you have to look at the issues that rea...

Its this very broad frame work that we have of the presidents tax plan. the passthrough rate for small business owners goes to 25%. >> sure. leland: what does it mean real world for your small business and for others? >> you know, we -- in washington d.c., leland, we always want to talk about creating jobs, this creates this many, this creates this many jobs. washington d.c. never creates jobs. we can create an atmosphere for job creators to create jobs. when you cut taxes for small business own...

Good for wealthy people. business tax cuts, this is something the world wants, you know, companies all agree on this. democrats have said that we should cut the corporate tax rate to 20% in this framework. again, this will all be negotiated and hashed out with the writers in congress and a passthrough rate of 25%. i just spoke to real estate developer don peebles who said this is great for rich entrepreneurs, new york real estate developers, and the like. people who can now, their llc income can...

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