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Thread: Pass thru tax exemptions

  1. #1
    Veteran Member PACE's Avatar
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    Pass thru tax exemptions

    So S, LLC's and others will be able to take advantage of this provision the form of a pass thru to the originating entity, who will see their taxes based on their netted income;

    So their Income is taxed post profit and loss. and we know the losses are ALWAYS exaggerated in this regard.

    So with Trump having over 500 LLC's, and Corker, Hatch, Johnson, and Ryan having these S types, who benefits?

    The warehouse owners? who are LLC's?

    Or the congress?

    Oh, you know it's the congress...

    Trump's "holdings" yeah the water company is in there too.

    And Turnberry, who knew????


    https://qz.com/1008601/donald-trump-...nancials-show/
    Thanks from Panzareta

  2. #2
    Southern Strategy Liberal OldGaffer's Avatar
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    Quote Originally Posted by PACE View Post
    So S, LLC's and others will be able to take advantage of this provision the form of a pass thru to the originating entity, who will see their taxes based on their netted income;

    So their Income is taxed post profit and loss. and we know the losses are ALWAYS exaggerated in this regard.

    So with Trump having over 500 LLC's, and Corker, Hatch, Johnson, and Ryan having these S types, who benefits?

    The warehouse owners? who are LLC's?

    Or the congress?

    Oh, you know it's the congress...

    Trump's "holdings" yeah the water company is in there too.

    And Turnberry, who knew????


    https://qz.com/1008601/donald-trump-...nancials-show/
    Everybody with two functioning brain cells knew.....no one is surprised or amazed at this "class warfare against the working class" tax bill.

  3. #3
    Veteran Member PACE's Avatar
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    Quote Originally Posted by OldGaffer View Post
    Everybody with two functioning brain cells knew.....no one is surprised or amazed at this "class warfare against the working class" tax bill.
    This is not a tax bill, it is a social engineering bill.

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