November 7, 2017

Washington Post: What Is Carried Interest and Why It Matters in the GOP Tax Bill

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Critics argue that these wealthy financiers should be paying more. The preferential tax treatment gives the wealthy an unfair advantage and deepens the divide between the rich and poor, they say. “If you thought that this tax plan would reflect populist goals, it was very strange that repealing carried interest is not in it,” said Matt Gardner, executive director of the Institute on Taxation and Economic Policy. Read more