[chriogenix]

LLCs are passthrough entities so you pay what your personal rate. You still pay self employment tax however this might spur some to change their structure to benefit from new tax proposal

Edit: there is also a proposal to change how partnerships and pass through entities are to be taxed.

[iamacynic]

> LLCs are passthrough entities

they can be, but a lot aren't.

[chriogenix]

They can elect to be taxed as a c Corp but I would think the vast majority are taxed as a corps or as partnerships.