Biden Awkwardly Compares Trying to Tax Carried Interest to the Holocaust

‘There is no justification for the hedge fund paying 15, 17 percent’

HARWOOD: "You guys have tried consistently through the administration to tax what they call carried interest as ordinary income. Big Wall Street guy when he started doing that, Steve Schwarzman, said that the Obama administration is like Hitler invading  Poland. How do you react to criticism like that and I'd note, you guys haven't been able to get it done."
BIDEN: "All right, Steve, it's like us liberating death camps. The truth of the matter is there is no justification for the hedge fund paying 15, 17 percent. There's just no justification."

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