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UCmeNdc

(9,600 posts)
Wed Sep 9, 2015, 11:38 AM Sep 2015

Jeb Bush is copying Donald Trump -- and Hillary Clinton, and President Barack Obama.

Bush will present a tax plan on Wednesday that curbs a lucrative perk for hedge fund managers and private equity magnates -- a proposals that mirrors those of his top rivals in the 2016 presidential election.

The plan, outlined in a Wall Street Journal op-ed distributed to reporters Tuesday night, is short on details. But one of the few concrete terms would eliminate the carried interest loophole, which allows wealthy fund managers to avoid billions of dollars in taxes by treating their income as capital gains rather than as salaries. Capital gains are taxed at a lower rate than regular income, resulting in a massive tax break for many financiers.


http://www.huffingtonpost.com/entry/jeb-bush-carried-interest-loophole_55ef8ce3e4b093be51bcb755

But math may still be an obstacle.
Jeb's New Tax Plan Doesn't Add Up... Just Like His Brother's.

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Jeb Bush is copying Donald Trump -- and Hillary Clinton, and President Barack Obama. (Original Post) UCmeNdc Sep 2015 OP
F*ck Trump. Mass Sep 2015 #1

Mass

(27,315 posts)
1. F*ck Trump.
Wed Sep 9, 2015, 11:50 AM
Sep 2015

Never present this POS as a model for anybody.

I am pretty sure that this is not what moved Bush. That would be beyond idiotic. This said, it is good that lowering taxes on lower income and closing that specific loopholes are part of mainstream Republicans. That means the argument is making its way.

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