Chart of the Day: Pass-Through Tax Deductions Made Easy

Chart of the Day: Pass-Through Tax Deductions Made Easy

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By Michael Rainey

The Republican tax overhaul was supposed to simplify the tax code, but most experts say it fell well short of the goal. Martin Sullivan, chief economist at Tax Analysts, tweeted out a chart of the analysis required to determine whether income qualifies for the passthrough tax deduction of 20 percent, and as you’ll see, it’s anything but simple. 

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