CBO has warned Congress for decades that we'd face a fiscal reckoning due to ballooning mandatory spending.
Lester Johnson
The Public Record
It's past time to get back to an adult conversation among elected officials, about getting the Federal Government back on a sustainable fiscal path.
CBO has warned Congress for decades that we'd face a fiscal reckoning due to ballooning mandatory spending.
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.
It's past time to get back to an adult conversation among elected officials, about getting the Federal Government back on a sustainable fiscal path.
I mean one of the real tragedies of that occurring is that we're going to have an enormous disparity between C corporations...
The reality is that President Biden has been dragged kicking and screaming to agree to even modest spending restraints.
the rational choice for a business person, if you want to continue to compete because let's face it, pass throughs compete with the corporate corporations at the entity level.
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.





