Closing Carried Interest Loophole Could Jeopardize Democrat Reconciliation Bill
Closing the carried interest loophole could jeopardize the Democrat reconciliation bill, as some Democrats have fought for an exemption for startups.
Closing the carried interest loophole could jeopardize the Democrat reconciliation bill, as some Democrats have fought for an exemption for startups.
Steven Bannon is backing a House proposal to limit the ability of hedge fund and private equity managers to take advantage of the carried-interest tax break.
The carried-interest loophole will remain open but have a holding period twice as long.
Billionaire Tom Steyer, America’s top political contributor and probable 2018 Democrat gubernatorial candidate, is well on his way to spending over $150 million to get the best state government his money can buy.
Republican presidential nominee Donald Trump has presented an economic plan that would create a sustainable economic boom, beating Hillary Clinton’s economic plan by 75% when it comes to the federal budget deficit.
Republican presidential candidate Donald Trump said that he to “get rid of carried interest, and some other things” loopholes in the tax code, and that while he isn’t talking about closing loophole for the rich in general, he wants to
The anti-tax group, Americans for Tax Reform, said today that Donald Trump’s tax reform proposal meets its “Taxpayer Protection Pledge” to oppose net tax increases. In this Presidential cycle, Grover Norquist’s Americans for Tax Reform got every GOP candidate, except Trump,
President Obama praised Republican presidential candidates former Florida Governor Jeb Bush and Donald Trump for their calls to end the carried interest loophole in a speech to the Business Roundtable on Wednesday. Obama said, “People in both parties, including some of
Republican presidential candidate Donald Trump said he “would take carried interest out” and that people who make money from hedge funds and limited real estate partnerships should pay more in taxes in an interview on Wednesday’s broadcast of Bloomberg TV’s
Billionaire “greenie” Tom Steyer is demanding that candidates for president support the one tax increase Republicans like: namely, eliminating the limousine liberal’s “carried interest” loophole that allows uber-wealthy hedge fund moguls to pay a lower tax rate than Americans earning over $36,900. Calling income inequality an “urgent” issue, Steyer wants to dump the loophole that made him rich.