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Top aide benefited from tax break Obama has assailed
Chicago Sun-Times ^ | 25 june 2015 | Chuck Neubauer and Sandy Bergo

Posted on 06/25/2015 4:53:33 AM PDT by rellimpank

Valerie Jarrett, a friend of President Barack Obama who is also one of his top advisers, benefited from an income-tax loophole that the president has said unfairly helps the “wealthy and well-connected” — a tax break that Jarrett herself has tried to close.

The “carried interest” benefit Jarrett received may have saved her $200,000, according to records and interviews.

The term refers to the performance fee paid to real estate developers, as well as private equity and hedge fund managers for managing other people’s money when their deals or funds exceed certain profit thresholds.

(Excerpt) Read more at chicago.suntimes.com ...


TOPICS: Constitution/Conservatism; Culture/Society; Government; News/Current Events
KEYWORDS: jarrett; obama; taxes
--another poor, starving Democrap--
1 posted on 06/25/2015 4:53:33 AM PDT by rellimpank
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To: rellimpank

Yeah, well - President ValJar is moar equal than you are.


2 posted on 06/25/2015 4:56:44 AM PDT by kiryandil (Egging the battleship USS Sarah Palin from their little Progressive rowboats...)
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To: rellimpank
Always wondered if hers is bigger than his...

SS detail, that is...

3 posted on 06/25/2015 5:02:39 AM PDT by kiryandil (Egging the battleship USS Sarah Palin from their little Progressive rowboats...)
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To: rellimpank

I love how the headline refers to Jarrett as a ‘Top Aide’.

More like ‘De Facto President of the United States’.


4 posted on 06/25/2015 5:13:16 AM PDT by Paulie (America without Christianity is like a Chemistry book without the periodic table.)
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To: rellimpank

Small Change.
I suspect VJ is pulling in 10-20M/year thru deposits to banks in Switzerland.


5 posted on 06/25/2015 5:14:42 AM PDT by Zathras
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To: rellimpank

Nothing was stopping her from voluntarily paying ordinary income tax rates on that money.


6 posted on 06/25/2015 5:31:47 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: rellimpank

Interesting that the Chicago Sun-Times is running with this. Has Barry done something to PO the rest of the Windy City Mob?


7 posted on 06/25/2015 5:40:51 AM PDT by Buckeye McFrog
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To: rellimpank
Poor woman! Oh the horror! Do you suppose she will wind up with a smaller office......nah!!!
8 posted on 06/25/2015 12:08:40 PM PDT by Know et al (Keep on Freepin'!!!)
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