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Old 11-06-2017, 07:29 PM
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Rajoo Rajoo is offline
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This cartoon explains how the Republican tax bill makes Donald Trump richer

Quote:
This cut is a change in how “pass-through” businesses are taxed. These are businesses that can bypass corporate taxes and instead pay taxes like individuals. It was designed to benefits small business owners.

But here’s the issue: The Trump Organization is a pass-through business — but it is not a small business. It owns hotels, resorts, golf courses, and much more; in fact, it’s the 48th-largest private company in the US, and brought in $9.5 billion in revenue last year. Yet the way the Trump Organization is structured makes its taxes very different than a typical corporation.
https://www.vox.com/policy-and-polit...-trump-cartoon
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