Dec 1, 2017 ... “A vote to cut taxes is a vote to put America first again. ... On the business side, it  would lower the corporate income tax rate ... that the tax cuts would improve  growth so much that they would pay for ... year, American multinational  companies left more than 70 percent of their ... I don't know,” he said this week.
Nov 2, 2017 ... The "small business" lobby says the tax break excludes too many businesses. ...  companies that do not pay their own taxes, but pass their income through to ...  face a 70/30 rule: 70% of their income from the businesses would have to be ... " We don't think it's fair for the manufacturer to get a tax cut while his ...
Nov 28, 2017 ... Currently, pass-throughs pay taxes topping out at 39.6 percent while corporations  ... The short answer is because they're cutting taxes on corporations. ... want to  cut, but they don't want to look like they're helping big businesses ... some of their  earnings as business profits, rather than wages, so it's eligible ...
Mar 9, 2018 ... If they gain control of Congress, Democrats have promised to raise tax ...  Subchapter-S corporations, and LLCs pay their business taxes on their owners'  1040 personal tax returns. Hiking the top tax rate is a small business tax increase . ... investment, Congress cut the rate all the way from 35 to 21 percent.
May 15, 2017 ... Pass through businesses now earn a majority of business income. ... In 2013,  only 44 percent of the income of business owners was earned through C- corporations. Pass-through businesses pay lower tax rates than C-corporations.  ... As a result, the taxes they face are more similar to general partners or ...
We cut business taxes so today 70 percent of our businesses don't pay a business tax.