Instead of providing the qualified business income deduction to owners of noncorporate businesses, Congress could have applied a special tax rate to the business income to achieve a similar result.

Question

Quizplus · Accepted Answer

Applying a special tax rate directly to business income for owners of noncorporate businesses would have been an alternative method to achieve a similar tax relief effect as the qualified business income deduction, by reducing the effective tax rate on such income.

Instead of Providing the Qualified Business Income Deduction to Owners