Tax Debate Expands Beyond Millionaires
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9.9% Tax Now โ Could It Expand?
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A new tax proposal is sparking concern โ not just among high earners, but some small business owners too. ๐ Whatโs 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. ๐ Could small businesses be impacted? ๐ And how do pass-through entities factor in? #tax #smallbusiness #news #shorts #economy #finance #usa #policy #business #debate