The Republican tax bill will now give pass - through businesses a 20 percent deduction, in addition to cutting the top individual tax rate. (vox.com)
For starters, owners of pass - through entities are effectively taxed on earnings at individual tax rates, similar to the way corporate owners are taxed on wages. (cpapracticeadvisor.com)
The hard truth: Lower individual tax rates reduce the value of a municipal bond's tax exemption. (blackrockblog.com)