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Ron Johnson: Close the SALT ‘loophole’? Not on my watch

A legitimate concern is how some professionals are using their pass-through entities to turn what should be salary or wage income into pass-through income to obtain the SALT and 20% deductions. That could easily be resolved without the new provisions in both the House and Senate bills that make other pass-throughs less competitive with C-Corps.

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Ron Johnson: Close the SALT ‘loophole’? Not on my watch

A legitimate concern is how some professionals are using their pass-through entities to turn what should be salary or wage income into pass-through income to obtain the SALT and 20% deductions. That could easily be resolved without the new provisions in both the House and Senate bills that make other pass-throughs less competitive with C-Corps.

Read More »

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