Blocking abuse of lower small business rate slows U.S. tax overhaul

WASHINGTON (Reuters) – A plan by President Donald Trump and congressional Republicans to slash taxes on so-called pass-through businesses is testing lawmakers’ ability to design rules to prevent wealthy people from dodging taxes by paying a lower rate meant to help small businesses grow.

from Reuters: Politics http://ift.tt/2uu02EB

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s