Tax experts lament that the cuts were poorly structured.
“The goals behind them aren’t bad. But the cuts weren’t properly targeted,” said Lori McMillan, a law professor at Washburn University in Topeka, Kansas.
For instance, she noted, the tax-free profits measure is a boon for plenty of entities — such as partnerships and S Corps — that are not really small businesses at all. And the tax-free break on profits is not tied to the numbers of jobs those entities create.
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