We all heard @POTUS make a promise to working Americans that he would eliminate the #CarriedInterest tax loophole for hedge funds on #WallStreet. He broke that promise.pic.twitter.com/GdqvMzagq5
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President Trump’s
#GOPTaxScam was a tax giveaway to the top 1% and it failed to close the#CarriedInterest tax loophole for hedge funds on Wall St.pic.twitter.com/YAKzIf4ZqaShow this thread
As middle class families live paycheck-to-paycheck, hedge fund managers on Wall Street continue to get tax breaks. That’s not fair.pic.twitter.com/V3CokY7bwj
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#BREAKING:@SenatorBaldwin and Representative@BillPascrell just reintroduced their#CarriedInterest Fairness Act to end a tax loophole for millionaires and billionaires on#WallStreet.pic.twitter.com/LUyscU4RpR
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One question, why not just amend the laws to remove the lower rate for long term capital gains? Why restrict this to the HF manager and still allow the passive investment to be rewarded more than hard working citizens that pay full rates on their income?
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