During the campaign Trump liked to talk about how the Carried Interest loophole needed to be closed and he would do it. He said Hedge fund managers “get away with murder,” and that “frankly, it’s a joke.” This loophole allows hedge fund managers to cut their tax liability on profits in half, because… rich people? As you may have guessed, this loophole is definitely in the Trump/GOP tax plan they are trying to pass before the holidays. Frankly, he’s a joke.

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