So you look at a chart like this and here's part of your classic problem. Remove Covid. That's Covid right there. And just look at the basic chart. And all we're trying to say is historically Next year a bunch of tcja, which was the tax reform expires, your tax rates go up next year. If you have a llc, a pass through a subchapter S employee owned, your taxes go up next year. And that's already based in this number. (11:10–11:17)
CLAIM
Asserts that tax rates will increase next year due to the expiration of parts of the TCJA.
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