US INCOME TAX!

That's how you stick it to the elites, duh.

see the thing that was confusing about the trump tax plan is that it mentions "pass through businesses" - a sole proprietor is not a pass through business. Partnerships and S-Corps are pass through businesses. Does he actually mean pass through businesses or all businesses?

if trump doesn't know, then no one else knows. I'm pretty sure he has no clear idea what he's going to ask for, let alone what he'll get from Congress.

the Forbes piece has different information than the taxpolicycenter one. The bracket rates have changed.

Both analyses are arguing that it will encourage people to be independent contractors and not employees, which I don't think is entirely true, and is dependent on income level. Self-employment tax isn't going to go away under this plan, so for those who actually have self-employment income from their businesses, it's the 15% tax + 7.65% (the employer portion of FICA taxes). I guess that's great if you're in a high tax bracket, but for people who would be in the lower brackets, it wouldn't make much difference.

I feel like the reason this point is in his plan is not to encourage small businesses and entrepeneurship, but to give rich real estate investors tax breaks on the income from Real Estate partnerships that currently doesn't benefit from reduced capital gains rates.

will I still be able to deduct tons of shit because I'm a musician and count everything as a 'business expense' outside of my actual high paying day job?

that's all I care about

Yes, and I'm sure the Trump Administration will reduce funding to the IRS for examinations, audits, and enforcement as part of its starve the beast strategy.

another article that only addresses a couple points of the plan

http://www.npr.org/2016/11/13/501739277/who-benefits-from-donald-trumps-tax-plan?