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re: Tax Plan (Trump & House GOP) Updated in September - Few Notice
Posted on 1/15/17 at 10:19 am to LSUSUPERSTAR
Posted on 1/15/17 at 10:19 am to LSUSUPERSTAR
As it stands now, this income will flow through to a new rate of either 15% (Trump's plan) or 25% (House Plan), rather than whatever personal tax rate you are in.
The unknown is what Trump means by corporations that retain earnings, as there are only rare cases that an s-corp can retain earnings.
No one has adequately explained the second paragraph to me yet. Not even the so called "experts."
The unknown is what Trump means by corporations that retain earnings, as there are only rare cases that an s-corp can retain earnings.
No one has adequately explained the second paragraph to me yet. Not even the so called "experts."
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