If you lowered the corporate rate and did so by getting rid of some of the existing preferences and those preferences also applied to the pass-throughs, it would seem unfair.
Rob Portman: “If you lowered the corporate rate and did so by getting rid of some of the existing preferences and those preferences…”
On the recordSeptember 12, 2011
Source
congress.govEditor's note · Context
Portman discusses the potential unfairness of tax reforms affecting pass-through businesses.
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