Detailed text transcripts for TV channel - FOXNEWS - 20180809:22:22:00
Economists estimate 70% of pass-through flows to the top 1% of american earners. >> mike: some say the new rules are a potential win for the trump organization, how so? >> one key part favors business groups that make money primarily on the reputation or the skill of their owners. the trump organization includes that, it includes hundreds of pass-through entities. some of its income comes from licensing, so the deduction may apply. other possible winners and losers includes architects and engineers who will get the brea break. most accountants, doctors, and lawyers probably will not. companies...