If they also had eliminated the carried interest loophole for hedge fund people and VCs I would actually be on board. I am also a little skeptical of the 25% for pass through entities.
The 25% is going to be abused really bad... There's major problems with the bill, but every special interest (retirement savers, home owners, grad students, R&D corporations, etc) coming out for their pet tax exemption is part of the problem.