As a presidential candidate, Donald Trump blasted "the hedge-fund guys," who he claimed were "getting away with murder," Business Insider reported.
"They're paying nothing, and it's ridiculous. I want to save the middle class," he said, in an interview with CBS.
But Small Business Labs estimates the owners of "very profitable" hedge funds will see a major tax cut.
Small Business Labs estimates the owners of "very profitable" private equity firms will see a major tax deduction.
Small Business Labs reporters the owners of "very profitable" real estate development firms will also benefit from the plan.
Small Business Labs predicted small business owners in the 35% or 39.6% tax bracket — meaning those who make over $416,700 a year — will see "a tax reduction on their business income."
Small business owners earn an average annual salary of $68,897, according to PayScale.
According to Small Business Labs, most doctors will not be able to find a way around the plan's "guard rails." But they predicted some high-earning doctors may slip through and benefit from the policy change.
According to Small Business Labs, most lawyers will not be able to find a way around the plan's "guard rails." But they predicted some high-earning lawyers may slip through and benefit from the policy change.
According to Small Business Labs, most consultants — freelancers or other contract workers who are not paid as employees — will not be able to find a way around the plan's "guard rails." But they predicted some high-earning consultants may slip through and benefit from the policy change.
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