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View Full Version : Jeb Bush Follows Trump On Ending Wall Street Tax Break



Common
09-09-2015, 05:24 AM
Obama was first then Hillary then Trump now Bush. Declaring they would stop this disgusting blatant rip off of americans by the big pigs. Jeb Bush is copying Donald Trump -- and Hillary Clinton, and President Barack Obama. Bush will present a tax plan on Wednesday that curbs a lucrative perk for hedge fund managers and private equity magnates -- a proposals that mirrors those of his top rivals in the 2016 presidential election. The plan, outlined in a Wall Street Journal op-ed (http://www.wsj.com/articles/my-tax-overhaul-to-unleash-4-growth-1441754195) distributed to reporters Tuesday night, is short on details. But one of the few concrete terms would eliminate the carried interest loophole, which allows wealthy fund managers to avoid billions of dollars in taxes by treating their income as capital gains rather than as salaries. Capital gains are taxed at a lower rate than regular income, resulting in a massive tax break for many financiers. http://www.huffingtonpost.com/entry/jeb-bush-carried-interest-loophole_55ef8ce3e4b093be51bcb755

Mini Me
09-09-2015, 09:44 AM
GREAT! Its long overdue!

BERNIE is the one to push this idea!

Mini Me
09-09-2015, 09:49 AM
To be honest, I NEVER thought Rethuglicans would get behind this! Evah!

people never think that by taxing them(the rich) more, that the pressure is off of taxing the common man!

Taxes are all about who's ox you gore. As long as it isn't my ox, then......