Sep
17
Trump Lands a Blow Against Carried Interest Tax Loophole
ByCreditCooper Neill for The New York Times
Give Donald Trump credit for this: The Republican presidential candidate has done more to put a stake in the heart of the carried-interest tax loophole in the last month than the Obama administration has in the last six and a half years.
That’s not for want of trying by the White House. President Obama has proposed closingthe loophole in his budget proposals. He has tried to get rid of it as part of bargains on tax reform and budgets. There have also been efforts to kill it in Congress…