Things like bonus depreciation which will help with immediate expensing of capital expenditures and the R and D expenditures that you can immediately expense. The permanency of the section 199A...will affect about 93% of our businesses. 199A will keep those tax rate low for our pass through entities. That's the S corporations, LLCs, the partnerships. (03:10–03:20)
CLAIM
Asserts that the permanency of section 199A will impact 93% of businesses.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.