“”The hedge fund people make a lot of money and they pay very little tax,” Trump said in an interview Wednesday with Bloomberg. “I want to lower taxes for the middle class.”
In short, Trump is willing to raise taxes on himself and those like him.
Many hedge fund managers and real estate investors are able to list their earnings as “carried interest” because of an IRS tax rule. They are able to cast their earnings as investment gains instead of income, which allows them to be taxed at a lower rate.
“You’ve seen my statements. I do very well. I don’t mind paying a little more in taxes. The middle class is getting clobbered in this country,” he said.”
Are you mentally ill? Really are you? Can you not read what Trump said? Not what lefties and Rinos said he said, but what he said!
Should people making huge net profits on hedge funds pay no income taxes or less income tax than the average middle class American? Trump isn’t doing wealth redistribution, quite the opposite. He is saying, everyone needs to pay something and those making millions or billions should not be getting away with not paying an equal share from their net income because of corrupt tax regulations.
I will take his 1%, 5%, 10%, 15% which has to equates to large govt spending cuts, any day over what we have. Apparantly you won’t so that makes you pro-higher-taxes, noob.
I don’t believe for a second you want lower taxes or a fair tax system when the facts are staring you in the face and you keep saying what you are. You are here to disrupt FR aren’t you? You lie and spout disinformation like a dimocrat, who you working for? Sanders? Hilliary? Yeb?