Bloomberg BNA quoted national Tax Leader Joseph Perry in a Daily Tax Report story about the taxation of pass-through income under the House and Senate bills.
By Allyson Versprille & Laura Davison
One key fact helping the Senate plan is that it would be $120 billion cheaper than the House’s plan. “It’s all about the math,” said Joseph Perry, tax and business services leader at Marcum LLP. “The House will come closer to what the Senate plan is.”