How Trump’s Tax Plan Could Make the ‘Hedge Fund Guys’ Richer

(Yahoo) The singe-page tax plan put forth by the White House last week makes no mention of taxes on so-called carried interest, income claimed by hedge fund and private equity managers that is taxed at a lower rate than ordinary income. But on Sunday, Trump chief of staff Reince Priebus said on a morning talk show that carried interest was “on the chopping block.”

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