Removing carried interest will have a huge impact on hedge funds and VCs. It's ironic that Trump would enact such a tax change, which is pretty left-wing.
Just wait. Trump will “sue” (ask for a bribe) them for something and VC and hedge funds will “settle the lawsuit” (pay the bribe) like Meta, Disney (ABC News), Paramount Global (CBS News) and TWC/Discovery (CNN News).
Increasing the SALT exemption I’m all for, I would much rather the Blue states get more tax revenue at the expense of red states. They wanted Trump, they got him.
And I’m saying that as someone who moved to state tax free state
Trump’s funny in that he has a habit of advocating for fairly progressive things and then being corrected by the Republicans around him. I’m pretty sure he ran on universal healthcare in the first election for a short time.
Either way I’m not going to decry a good idea just because of the source but I’m skeptical.
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[ 3.7 ms ] story [ 17.6 ms ] threadIncreasing the SALT exemption I’m all for, I would much rather the Blue states get more tax revenue at the expense of red states. They wanted Trump, they got him.
And I’m saying that as someone who moved to state tax free state
Either way I’m not going to decry a good idea just because of the source but I’m skeptical.