Sunday, March 6, 2016

CARRIED INTEREST LOOPHOLE

The Wall Street Journal has denounced him [Donald Trump) for
s
upporting protectionist trade policies and higher taxes on the wealthy,
especially hedge-fund managers and other beneficiaries of the ‘carried-interest’
loophole,
which allows them to pay taxes at lower rates than middle-income Americans.”



Packer, George, “The Republican Class War,” pp: 26-34, The New Yorker, November 9, 2015.