Steven Rosenthal

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Last quote by Steven Rosenthal

The pass-through section is the worst piece of legislation I've seen in 30 years. It's addressing a non-problem.feedback
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Nov 16 2017
Steven Rosenthal has been quoted 33 times in 19 different articles. On this page, you will find all of Steven Rosenthal’s quotes organized by date and topic. Alongside each quote is a link back to the article where the quote was reported, so you can go back to the source for more context if you need it. Topics that Steven Rosenthal speaks about are Trump, U.S., and tax, for example. Most recently, Steven Rosenthal was quoted in the article Tax Cuts for Small-Business Owners? It’s Complicated saying, “The loopholes and glitches will be preserved until the I.R.S. comes out with technical corrections. They take years, sometimes a decade, to get to technical corrections.”.
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Steven Rosenthal quotes

Sep 16 2017

I think it will have better legs this time. Republicans need to close a few loopholes and need to hit the rich in some way in order for the package to extend the narrative that it's not just a windfall for the rich. And the noisier the blue-state politicians are at objecting to these loopholes, the better it plays into the narrative.feedback

Sep 16 2017

They're shifting the expense and kicking them when they're down, making it harder for them to raise the revenue for these new federal mandates.feedback

Aug 04 2017 - Trump Presidency

There's nothing magic about 15 percent.feedback

Aug 04 2017 - Trump Presidency

Corporations benefit from all kinds of loopholes, especially the one allowing earnings to accumulate offshore without being taxed.feedback

May 12 2017 - Cyprus

A Russian would not lend directly to Trump or his businesses. A Russian would, for example, fund a Cyprus corporation, which would lend to Trump or his businesses, possibly through other intermediary entities.feedback

Apr 27 2017 - Trump Presidency

Mr. Trump's plan basically is tax cuts for everyone. Real reform, with revenue neutrality, is difficult. There are winners and losers, but Trump apparently just wants winners.feedback

Apr 26 2017 - Trump Presidency

Trump is the king of pass-throughs. He has pass-through businesses everywhere. This is a very large issue.feedback

Apr 03 2017

For tax purposes, it's as if the trust doesn't exist at all. It's just an entity on paper, nothing more.feedback

Mar 31 2017

The process under Reagan was much more developed, elaborate and long, and there was a strong bench of top-rate technicians putting things together. None of that is happening.feedback

Mar 23 2017

We'll never know unless he releases his returns.feedback

Mar 22 2017

Part or all of the services the managers render to a hedge fund I would expect to be exempt from U.S. taxes under the border-adjustment tax. How large those services are depends on the drafting and how clever the investment managers are at restructuring their operations.feedback

Oct 10 2016

Trump's use of loopholes is pretty egregious. I have not seen other rich guys exploit the tax rules to zero out their income.feedback

Oct 10 2016

The rich are different because they have capital investments, and those investments are largely taxed at a light rate.feedback

Oct 10 2016

Other rich guys reduce their tax rate, not eliminate it completely.feedback

Oct 05 2016

What's most striking about that video is Trump has been the same for 25 years. He's been using the disaster shtick for 25 years.feedback

Aug 30 2016

The scheme of U.S. multinationals parking money offshore indefinitely, taxed at zero, may be coming to an end.feedback

Aug 12 2016

Real estate is notorious for throwing off huge deductions. That coupled with wide latitude in the timing and recognition of income make real estate development extremely attractive from a tax standpoint.feedback

Aug 12 2016

It's a big loophole. It allows well-to-do and well-advised taxpayers to defer their tax liability potentially until death.feedback

Aug 12 2016

I would expect he's paying little or no tax.feedback

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