What is Nostr?
Robert Reich /
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2024-08-29 16:34:33

Robert Reich on Nostr: The carried interest loophole lets the super-rich pay less tax by treating their ...

The carried interest loophole lets the super-rich pay less tax by treating their income as capital gains.

It's allowed private equity firms to avoid paying $1 trillion+ in income taxes since 2000.

VP Harris backed a proposal to close the loophole. This is a big deal.
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