You sure?.
Does the Post have this wrong? By my math an $800k doc, lawyer, etc. would pay $66k (25% on $266K)
Winners
"Hedge funds, doctors and lawyers: Many wealthy Americans hedge fund managers, doctors, lawyers and consultants will get a sizable discount on their taxes. The top individual tax rate is 39.6 percent, but under the GOP bill, high earning small business owners will only pay a tax rate of 25 percent on 30 percent of their business income. This is a so-called “pass through” business rate." [Post edited by SamSpade at 11/03/2017 09:18AM]
|
(
In response to this post by cswilliam)
Link: Analysis: Winners and losers in the GOP tax plan
Posted: 11/03/2017 at 09:16AM