The President's team hints that carried-interest, the rule that allows financial managers at PE firms to pay capital gains tax rate, could be on the chopping block and warned against analysts taking the view that financial managers would keep benefiting from it.
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Trump could target carried interest loophole
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"That balloon is going to get popped pretty quick," Priebus told ABC's "This Week." "Carried interest is on the table," he said. "The president wants to get rid of carried interest so that balloon is not going to stay inflated very long, I assure you of that."
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