On the recordJune 18, 2024
Again, that's the rationale they used. The thing they really scared the public on was the 1918 Flu Pandemic.
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congress.govAgain, that's the rationale they used. The thing they really scared the public on was the 1918 Flu Pandemic.
Criticizing the public fear generated by historical pandemics.
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large pass through is going to be paying a top marginal tax rate over 40 percent competing against whether it's a large or small C corp, some with an effective tax rate of 10 to 14 percent.
the maximum amount of earnings right now subject to the tax? $168,800, I do believe.
I think you are not going to get even close to the revenue you think you are going to get, because you are going to create a huge disincentive for work.
We have got to solve a problem. The trouble is there is no Reagans or Tip O'Neills in Washington right now.