see already some resistance to this, especially possibly more resistance coming from california, new jersey, states like new york, from republican members of the house because this limits severely the deductibility of state and local taxes, is it possible, is it possible that this might not pass? it s possible. and it s also possible that we might see the republicans decide to do something that would be risky but that s no pass parts of this, particularly the corporation side of it. what are known as c-corp.s and not so much the side of individuals. the individuals as josh pointed out get crumbs. small but the notion that small business owners, the kind of people the nfib can muscle up and call the congressmen in the large numbers paying a 25% rate while the 3,000 companies that own most of the business assets in america pay a 20% rate.
the those people and so, when we see already some resistance to this, especially possibly more resistance coming from california, new jersey, states like new york, from republican members of the house because this limits severely the deductibility of state and local taxes, is it possible, is it possible that this might not pass? it s possible. and it s also possible that we might see the republicans decide to do something that would be risky but that s no pass parts of this, particularly the corporation side of it. what are known as c-corp.s and not so much the side of individuals. the individuals as josh pointed out get crumbs. small but the notion that small business owners, the kind of people the nfib can muscle up and call the congressmen in the large numbers paying a 25% rate