[elsewhen]

> Wouldn't apply to S-corps

see my post above - at times trump has stated that this _would_ apply to pass-through entities (s-corps, sole proprietorships and LLCs). at the moment however, this point remains unclear.

[unclebucknasty]

Yeah, not sure about that. Was responding to the hypothetical posed by my parent.

Would be interesting if it applied to pass-throughs though. Actually, more like completely nuts and ripe for abuse.