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It's Time to Close the Carried Interest Loophole

The Huffington Post - 10 Sep 2015 22:00
It's Time to Close the Carried Interest Loophole The rampant inequality that we face in America is no accident. It is the result of a system that, for too long, has rewarded existing wealth over work. There is no more striking example of this phenomenon than the disparity between the earnings -- and the tax rates -- of kindergarten teachers and hedge fund managers. In 2014, the top 25 hedge fund mangers made more money than every single kindergarten teacher in America -- over 150,000 of them -- combined. That's right: 25 individuals -- not eve...
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