Of all the “empty promises” made by Trump…this is one of the most blatant.

nat4900

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Mar 3, 2015
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During his campaign, Trump said over and over again that he would stick it to the wealthy by closing the egregious carried interest loophole. Guess what? His disgraceful tax bill did nothing to address it and even Fox Business commentators are fed up with his broken promises.

For all those Trump acolytes who swear that Trump is delivering EXACTLY on what he had promised, here is a hefty dose of REALITY (of course, there are many, many other “promises” that only a demagogue and charlatan could have made, to fool the easily manipulated and naïve cult.).


 
only idiots expected him to do 1/10 of the bullshit he promised.
 
During his campaign, Trump said over and over again that he would stick it to the wealthy by closing the egregious carried interest loophole. Guess what? His disgraceful tax bill did nothing to address it and even Fox Business commentators are fed up with his broken promises.

For all those Trump acolytes who swear that Trump is delivering EXACTLY on what he had promised, here is a hefty dose of REALITY (of course, there are many, many other “promises” that only a demagogue and charlatan could have made, to fool the easily manipulated and naïve cult.).



Carried interest only applies to hedge fund managers or private equity managers.
Its a commission on their sales, it should be treated as that sort of income.
Its not a capital gain, nor is it interest income.
Partnership interest is not the same thing as interest income, its share of a partership.
Its just a wall street shell game.

Welfare for the wealthy.
 
To review, to date Trump has:

Defeated Obama's Elite ISIL forces
Slowed the influx of Illegal Democrat voters to a crawl
Moved the US Embassy to Jerusalem
Ended the Korean War
Uncovered the Progressive Effort to turn the FBI into the Democrat Gestapo
 
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