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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (32599)9/4/2017 11:16:34 AM
From: Katelew  Read Replies (1) | Respond to of 362149
 
I heard it at rallies, but not always using the term 'carried interest'. He would usually point out that 'wall streeters get a better deal tax-wise than steel-workers'. 'Carried interest loophole' term cropped up at later rallies.

I'm pretty sure Steve Bannon was on board with getting rid of it. Maybe that's where Trump got the idea.



To: bentway who wrote (32599)9/4/2017 11:28:02 AM
From: neolib  Read Replies (1) | Respond to of 362149
 
Yeah, why don't we treat income from work as instead, ROI from your education for example?

I have both rental properties and a farm, and I invest $ in each, but the money extracted from the farm goes through Sch F and then Sch SE, but money from the rentals goes through Sch E and skips the SE, just like income from investments goes through a Sch D and also skips the SE.

Why??


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