Under the GOP bill, here’s who’s going to get a big ‘pass-through’ tax break

One of the biggest changes in the Republican rewrite of the tax code involves a tax rate known as the "pass-through rate." Experts are watching to see how businesses, employers and individuals...

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HARI SREENIVASAN: Now additional details of the new tax laws.The rewrite of the tax code, signed by the president last week, takes effect on Monday.One of its central features and biggest changes involves a tax rate known as the pass-throughrate.Many experts are watching to see how businesses, employers and individuals adjust, and whatkind of loopholes it may offer.Correspondent Lisa Desjardins reports on what that pass-through rate is and who might beaffected.LISA DESJARDINS: In the tax code, not all business is created equal.Corporations, defined by the fact that they pay direct corporate taxes, saw the biggesttax cut in the Republican law.That led Republicans to create another tax break for smaller companies.DONALD TRUMP, President of the United States: Historic s...
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