See, if you LISTENED to what he SAID rather than taking SOUNDBITES, you would have been well aware that he was talking about taxing CARRIED INTEREST, which is what he meant when he talked about taxing the hedge fund guys.
But you don’t care one bit about that, do you?
I guarantee you’ll be on another thread posting this same bullcrap and making someone else explain the truth to you before you go and do the whole damn thing over again the next day.
I know precisely what carried interest is. It too is taxed at the same rate as long term capital gains. (you need to keep it a year before liquidating)
If you infer that I am somehow ignorant or worse, stupid, I will have to harass you.
http://crooksandliars.com/karoli/donald-trump-lets-tax-rich-pay-national-deb
“Trump, a prospective candidate for the Reform Party presidential nomination, is proposing a onetime net worth tax on individuals and trusts worth 10 million or more. By Trumps calculations, his proposed 14.25 percent levy on such net worth would raise 5.7 trillion and wipe out the debt in one full swoop.
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The net worth tax is the cornerstone of Trump’s economic plan released Tuesday morning.
“No one has put forward a plan to make this country entirely debt free as we enter the next millenium,” Trump said in a written statement.
A golden comment from 1999....