Linda McMahon: Trump’s Tax Plan Is a ‘Big Boon’ to Small Businesses

‘Those are big things to our middle class Americans’

EXCERPT:

McMAHON: "I think you’re always going to hear that from the opposition, but really, when you look at what the President is doing when all of the marginal rates are coming down, we're going from seven brackets to three brackets, a top rate on our small business that have passed through income is going to be 25 percent. Some of those businesses today pay the top bracket and even when you throw in, you know, city and state taxes, they’re paying as much as 42 percent. So to have it capped at 25, this is really a big boon to small businesses. And, you know, middle income families, I think the President has indicated that we probably have an additional $4,000 every year of income that they can either save or spend. Those are big things to our middle class Americans."

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