[Wolfie]

It’s why we’ll never have a Flat Tax. The super wealthy aren’t going to give up bullshit loopholes like carried interest.

[Sacajaweau]

You may have a flat tax....applying it only to earned income, i.e., wages. There will always be other taxes.....like Health Insurance taxes....corporate taxes...utility taxes.

[expat_panama]

...bullshit loopholes like carried interest.

Not interested in reading the article today are we?

[Alberta's Child]

"Carried interest" isn't exactly a loophole. It's just a mechanism for paying capital gains taxes instead of income taxes. In high income brackets the difference between the two rates is meaningful, but this is hardly the "loophole" it's being made out to be.

The question of whether these earnings should be reported as income or capital gains is a legitimate one, but the controversy over this -- including Donald Trump's public statements -- is nothing more than political pandering.