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I haven't studied the new tax bill as deeply as I should before making a pronouncement, but... It's good. The 20% deduction is capped, unless the business generating the income has skin in the game (sorry lawyers) or is employing a lot of people or making a lot of investments.pic.twitter.com/z4lTHyAUvI
Can you ask for more? I don't think so. It's an unmitigated tax break for small business owners. The tax break only extends into the upper echelons of earning if those businesses are driving the economy (investing/hiring). Such a pleasant surprise. https://www.wsj.com/articles/what-the-tax-bill-means-for-pass-through-business-owners-1513720953 …
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