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Democrats’ Tax Plans Worry High-Income Business Owners - WSJ

About half the benefit of the pass-through deduction goes to households in the top 1% of the income distribution, according to the Tax Policy Center.

I strongly dislike how this measure of “benefit” of a particular tax rule has become the standard by which to judge a tax provision.

Sure. The “benefit” flows to people in higher brackets, until you look at the other side of the equation and see the tax bill rising, too.

People higher up the tax brackets get more “benefit” from exemptions and deductions while they pay more and more in actual tax dollars.

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