So you had the same fairness for subchapter C corporations or chapter C corporations. That's gone. Your taxes are going up a whole bunch. If you're an LLC or a pass through employer, Credit for paid leave goes away. Next year, just goes away. Right now, credit up to 25% for up to 12 weeks, you get a 25% credit. That was one of the incentives that was built into the 2017 tax reform. It expires, it goes away. (16:35–16:52)
CLAIM
Asserts that the credit for paid leave, currently up to 25% for 12 weeks, will expire next year.
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