Buy something to enjoy, forget about returns. Amercicans will be very happy in a couple of years but inflation may come back. Buy sooner than later. Buy before everyone has too much in his pocket.
When workers have a lot of cash, they could start buying bitcoins
Corporate tax reduction gives recurring profits, hanera’s point, to all corps year over year, puts lot of money to share holders, employees, additional tax revenue for government…etc
Not only this, foreign companies, using USA sales and taking back money are taxed too. This means, discouraging foreign companies to take back money, but encouraging them to keep the money in USA !
On any case, Trump has finally made his campaign promise successful once he signed.
I still have doubt as RE rental is considered passive income while sch-k results pass through income. Any way, IRS reference (if any) is the only best source.
If someone posts this question as a comment to Trump’s tweet, we may get a direct response from IRS.
From what’s said in the article, seems that sole proprietor is a well known pass through entity. The authors did not even give much explanation and regarded as standard practice.
Business income that passes through to an individual from a pass-through entity and income attributable to a sole proprietorship will be taxed at individual tax rates less a deduction of up to 20% to bring the rate lower.Dec 22, 2017