Tax Debate Expands Beyond Millionaires

April 30th, 2026· 0:41

A new tax proposal is sparking concern — not just among high earners, but some small business owners too. 📊 What’s being discussed: 9.9% tax on income over $1 million Applies to 2028 earnings (paid in 2029) Concerns from pass-through businesses Debate over who ultimately feels the impact The conversation is shifting to whether the policy could affect more than originally intended. 👉 Could small businesses be impacted? 👉 And how do pass-through entities factor in? #tax #smallbusiness #news #shorts #economy #finance #usa #policy #business #debate