I believe if you elect to be a pass-through LLC (eligible for this rule change), you cannot pay yourself a salary in the same way as if you were a non pass-through LLC or S-Corp. It isn't as easy to cheat the system as most people think, but there seem to be more opportunities to finagle things the more assets you own.

The fundamental way our tax code is broken is not loopholes, but the actual publicly known tax bracket rates. They should be higher for capital gains, the progressive rate graduation should be steeper, and 500k shouldn't be the highest tax bracket when there are people who make 10,000 times that in a year. It's unbelievable that this isn't the focus of the issue and people are instead harping on wealth taxes and loopholes.