Gary Cohn Says Fed Should Be Done Raising Rates
Masters in Business
00:00
Shift in small business taxation: LLC pass through explained
The speaker discusses the tax system in the United States and the impact on small businesses. They initially criticize the removal of the salt deduction but change their mind after learning about the LLC pass through concept. They highlight the significant shift in taxing small businesses and mention the existence of large pastor companies. Overall, they highlight the debate surrounding corporate rates and rates for LLCs and pass throughs.
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Transcript
