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Carried interest anyone?

It's a tax device that lets financiers and wall street brokers accumulate massive amounts of income but pay half the taxes on it. They end up paying lower rates than many middle class families. Sadly, the present tax reform bill does not address this loophole, despite many politicians using the carried interest loophole as facets of their campaign that they promised to fix. So we now have a bill that is going to raise rates for some middle class families, but continue to allow hedge fund managers to pay half their taxes. What do you think?
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nudistsueaz · 61-69, F
Should be changed. Just like Senators and Members should be allowed to have insider information on the stock market and profit from that info.
Xuan12 · 31-35, M
@nudistsueaz You realize insider trading is harmful to non-insider traders, yes? Doubly so if politicians are doing it. They can pass laws to harm an industry, let its stock value drop, buy it up, and then undo the laws, essentially robbing the previous shareholders.