<p>CBPP: Special Passthrough Rate, Estate Tax Repeal Helps Wealthy</p>

CBPP: Special Passthrough Rate, Estate Tax Repeal Helps Wealthy

Center on Budget and Policy Priorities

A special tax rate for passthrough businesses and elimination of the estate tax would overwhelming benefit high-income individuals and estates and tax provisions in the GOP healthcare bills would hurt small businesses, Chye-Ching Huang of the Center on Budget and Policy Priorities said at a July 13 House Ways and Means Tax Policy Subcommittee hearing.

<p>A special tax rate for passthrough businesses and elimination of the estate tax would overwhelming benefit high-income individuals and estates and tax provisions in the GOP healthcare bills would hurt small businesses, Chye-Ching Huang of the Center on Budget and Policy Priorities said at a July 13 House Ways and Means Tax Policy Subcommittee hearing.</p>