www.barrons.com
More importantly, under the new law, taxable income for MLP investors is now allowed a 20% deduction, which when coupled with a lowered maximum individual tax rate of 37% vs. 39.6% prior results in a tax liability for MLP investors of approximately ~$30 vs.~$40 on $100 of taxable income. In short, we see the new tax regime as a net positive for...
