tiltdeac
Well-known member
- Joined
- Mar 23, 2011
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Well the Senate plan doesn't reduce the "pass-through" rate, what it does is allow you to deduct 17% of pass through income. Doesn't have a huge effect if no one is itemizing due to the higher standard deduction and no SALT taxes. If what tilt posted about the SALT taxes being back in play is true, then its easier to game the system.
They bumped that up to 23% overnight. That's how they bought Johnson.