(Connecticut Post) Not long ago, Donald Trump impugned hedge fund managers as “paper-pushers” who “get away with murder.”
But when it comes to how much taxes one of Connecticut’s vanguard industries pays on money management fees and investment income, the president is leaving it up to Congress and Treasury Department officials to navigate that minefield.
Trump avoided mention of what is known as the carried-interest loophole Wednesday during a tax reform rollout speech in Springfield, Mo., where the president was joined by Connecticut’s Linda McMahon, the head of the Small Business Administration.
