11-29-2017, 01:56 PM
(11-29-2017, 01:28 PM)Belsnickel Wrote: There was one Senator, I forget which one, that put forward the idea of making corporations pass-through entities. It was an interesting idea that I'd like to read more about.
I don't have the exact numbers, but I think like 70% of corporations are already pass-thru. Here we're talking mostly large, publicly traded C-corps that account for about 10% of companies. The problem with making the behemoths pass-thru is that companies like Apple sit on billions of dollars and there's no pass-thru income until they pay dividends to shareholders (or they sell and realize a capital gain, if you understand dividend irrelevance theory).
Although I'm confused what they mean by "corporate" rates. I thought originally they were only lowering the rate for non-passive S-corps.
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