Trish Regan: ‘Fat Cat Billionaires Are Paying Off Both Parties’ To Maintain Carried Interest Loophole

‘Now, the good news is we have found a way for the president to still fix this and to save American taxpayers $180 billion’

RUSH EXCERPT:
REGAN: "Actually, it’s kind of a lot of money. As in $180 billion over 10 years, possibly. So you know what? Americans do care. And every single one of us should care. Fat cat billionaires are paying off both parties to ensure that they can treat their income and it is their income like an investment and pay a lower tax rate. Investment gets taxed at that time lower rate and it should absolutely should. I don’t begrudge anyone that and I don’t begrudge the anyone that income is income and you can’t or at least you shouldn’t be treating it otherwise. Steve schwartzen CEO of the world’s largest private equity firm has given more than $3 million to Mitch McConnell linked super pac. You won determine why a new York City cop might be paying a higher tax rate on his income than a Steve schwartzen private equity type that may make $400 million? Because I will tell you what, the swamp has allowed it. Now, the good news is we have found a way for the president to still fix this and to save American taxpayers $180 billion. Enough to hey, pay for the wall. Maybe a couple of walls. Maybe reduce our deficit. And the president, he will not need the swamp to do it, to heck with Congress."

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