The carried interest loophole lets rich private equity execs pay lower tax rates by treating their income as capital gains.
The GOP's "big, beautiful bill" makes devastating cuts to social programs but leaves this loophole intact — despite Trump promising to end it.
Priorities.
The GOP's "big, beautiful bill" makes devastating cuts to social programs but leaves this loophole intact — despite Trump promising to end it.
Priorities.
Comments
And why would such a "stable genius" businessman need a $72.9 million tax refund?
Capital gains are of parasitic while wages are earned. Capital gains ought to be subject to a vice tax.
To paraphrase Mark Twain, there are lies, damned lies, and Trump.
"Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank"
https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank
If you were NOT a fool - Robert Reich, you would know WHY capital gains, estates, interest, dividends, Social Security payments should NOT be taxed by any level of government. You do NOT care what reality is because you like making poverty, hunger, and homelessness worse.
Learn HOW TO READ.
Do you care that politically connected people are able to steal homes at auctions and then flip homes for lot more than they paid?
I know you do NOT care what Constitution says - Amendment 5, Amendment 8, etc.
LEARN HOW TO READ.
The word is HOW. Take a reading comprehension course.
You would know this if you know how to use a search engine.
Answer is Democrats, Fake Progressives
https://www.theatlantic.com/economy/archive/2025/05/part-time-jobs-underwork/682768/?utm_source=firefox-newtab-en-us
They know nothing useful about
microeconomics
macroeconomics
Tariffs
graduated sales taxes
negative externalities, etc.
Most people know very little about history since the fall of Roman Empire.
Most people do not know what Democrats did when Wilson was President.
Most people do not know that almost everything that is in the Constitution is in it to reduce bribery.
You know it's gonna come down to us, the people!
STRIKE! BOYCOTT! PROTEST!