My father used to have a saying, if it's a complex problem, there's a simple solution that's absolutely wrong. Complexity requires complexity. And the reason for this portion of this tirade is next year, About $380 billion a year in tax hikes [are coming next year]. You as an individual, your llc, your subchapter s, your pass through business, congratulations, your taxes are already going up next year. It's the law as it is already. (21:21–21:30)
CLAIM
Asserts that $380 billion in tax hikes are expected next year.
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