President Trump weighs in on Hedge Funds

[pknopp]

Start taxing hedge fund profits as income (which liberals have been saying for years and conservatives have been against) all of those businesses will leave NYC

Income should be taxed as income.

Yeah and a lot of these hedge funds will move overseas. Great idea, skippy!

If they want to live in a third world country, so be it. That's what we will soon be on the path we are on.

The point is is those business can be run from anywhere. A friendly tax environment towards those businesses is needed. Otherwise you’re going to end up getting less tax revenue

Wrong. Its all blackmail. They cry now because they can't bring their overseas wealth here without it being taxed.

They aren't going to be happy in Vietnam.

 

[Rocko]

Start taxing hedge fund profits as income (which liberals have been saying for years and conservatives have been against) all of those businesses will leave NYC

Income should be taxed as income.

Yeah and a lot of these hedge funds will move overseas. Great idea, skippy!

If they want to live in a third world country, so be it. That's what we will soon be on the path we are on.

The point is is those business can be run from anywhere. A friendly tax environment towards those businesses is needed. Otherwise you’re going to end up getting less tax revenue

Wrong. Its all blackmail. They cry now because they can't bring their overseas wealth here without it being taxed.

They aren't going to be happy in Vietnam.

It’s nothing of the sort, but whatevers

 

[Rocko]

And there are nicer tax havens then Vietnam

 

[pknopp]

Start taxing hedge fund profits as income (which liberals have been saying for years and conservatives have been against) all of those businesses will leave NYC

Income should be taxed as income.

Yeah and a lot of these hedge funds will move overseas. Great idea, skippy!

If they want to live in a third world country, so be it. That's what we will soon be on the path we are on.

The point is is those business can be run from anywhere. A friendly tax environment towards those businesses is needed. Otherwise you’re going to end up getting less tax revenue

Wrong. Its all blackmail. They cry now because they can't bring their overseas wealth here without it being taxed.

They aren't going to be happy in Vietnam.

It’s nothing of the sort, but whatevers

What part was I wrong about?

 

[surada]

He tried to warn us!

“It is the wrong thing. These guys are getting away with murder. I want to lower the rates for the middle class.”

Trump says tax code is letting hedge funds 'get away with murder'

Republican presidential front-runner Donald Trump blasted hedge fund managers on Sunday as mere "paper pushers" who he said were "getting away with murder" by not paying their fair share of taxes.

www.reuters.com

Of course no one in Congress would ever approve of such changes in the tax code:


But Cohn told Axios that the hedge fund and private equity lobby was too strong to overcome. “The reality of this town is that constituency [hedge funds and private equity] has a very large presence in the House and the Senate. They have really strong relationships on both sides of the aisle,” he said. “We just didn’t have the support on carried interest.”

Gary Cohn: We 'tried 25 times' to cut hedge fund loophole in tax reform bill, but failed

White House chief economic advisor Gary Cohn says the administration attempted to eliminate the carried interest tax loophole.

www.cnbc.com

Of course Bloomberg, shills for the Hedge Fund Brigade, claims President Trump’s proposed taxes for them would hurt the regular guy:

Trump’s Capital Gains Taxation Idea Could Have a Surprising Victim

Depending on how it’s implemented, indexing cap gains for inflation could harm hedge funds at the expense of ordinary investors.

www.bloomberg.com

He's 100 % correct.......

We were stupid for letting the dems take the election.

Take??? The Democrats won by 8 million votes and more than 50 EC votes. You're being childish.

 

[theHawk]

The guy who paid $750 a year in taxes is saying others are "getting away with murder"? LOL

According to you guys he’s always bankrupt.

 

[theHawk]

He tried to warn us!

“It is the wrong thing. These guys are getting away with murder. I want to lower the rates for the middle class.”

Trump says tax code is letting hedge funds 'get away with murder'

Republican presidential front-runner Donald Trump blasted hedge fund managers on Sunday as mere "paper pushers" who he said were "getting away with murder" by not paying their fair share of taxes.

www.reuters.com

Of course no one in Congress would ever approve of such changes in the tax code:


But Cohn told Axios that the hedge fund and private equity lobby was too strong to overcome. “The reality of this town is that constituency [hedge funds and private equity] has a very large presence in the House and the Senate. They have really strong relationships on both sides of the aisle,” he said. “We just didn’t have the support on carried interest.”

Gary Cohn: We 'tried 25 times' to cut hedge fund loophole in tax reform bill, but failed

White House chief economic advisor Gary Cohn says the administration attempted to eliminate the carried interest tax loophole.

www.cnbc.com

Of course Bloomberg, shills for the Hedge Fund Brigade, claims President Trump’s proposed taxes for them would hurt the regular guy:

Trump’s Capital Gains Taxation Idea Could Have a Surprising Victim

Depending on how it’s implemented, indexing cap gains for inflation could harm hedge funds at the expense of ordinary investors.

www.bloomberg.com

He's 100 % correct.......

We were stupid for letting the dems take the election.

The GOP was the team that didn't want it when they had control of the govt. early in Trump's administration.

Wrong, both GOP and Dems didn’t want to change that. Funny Nancy never pushed for it when they took the House.

 

[theHawk]

Also taxes have nothing to do with them hurting the little guy. It’s about purchase power and conclusion

Or better yet, make it illegal to bet against stocks you don’t own.

 

[Dragonlady]

The guy who paid $750 a year in taxes is saying others are "getting away with murder"? LOL

how much did he pay in payroll and ss??

Irrelevant. COMPLETELY irrelevant. Not his money, not his income. Furthermore, the payroll taxes he pay go to the account and the benefit of his employees, not him. Trump is paying for any of the government services which he uses so generously.

This notion that rich people shouldn't pay taxes because they create jobs, is doing unmitgated damage to the nation. What makes you such a gullible fool is that you're falling for these lies.

Only in America are workers paid less than a living wage by the most profitable companies in the world.

Only in America have the elites convinced the middle class to pick up the tab for the wage subsidies - food stamps, Section 8, and earned income credits.

Only in America is the middle class shrinking, with more people falling back into poverty than are rising into wealth.

Only in America do the rich NOT pay their fair share.

 

[Dragonlady]

He tried to warn us!

“It is the wrong thing. These guys are getting away with murder. I want to lower the rates for the middle class.”

Trump says tax code is letting hedge funds 'get away with murder'

Republican presidential front-runner Donald Trump blasted hedge fund managers on Sunday as mere "paper pushers" who he said were "getting away with murder" by not paying their fair share of taxes.

www.reuters.com

Of course no one in Congress would ever approve of such changes in the tax code:


But Cohn told Axios that the hedge fund and private equity lobby was too strong to overcome. “The reality of this town is that constituency [hedge funds and private equity] has a very large presence in the House and the Senate. They have really strong relationships on both sides of the aisle,” he said. “We just didn’t have the support on carried interest.”

Gary Cohn: We 'tried 25 times' to cut hedge fund loophole in tax reform bill, but failed

White House chief economic advisor Gary Cohn says the administration attempted to eliminate the carried interest tax loophole.

www.cnbc.com

Of course Bloomberg, shills for the Hedge Fund Brigade, claims President Trump’s proposed taxes for them would hurt the regular guy:

Trump’s Capital Gains Taxation Idea Could Have a Surprising Victim

Depending on how it’s implemented, indexing cap gains for inflation could harm hedge funds at the expense of ordinary investors.

www.bloomberg.com

He's 100 % correct.......

We were stupid for letting the dems take the election.

The GOP was the team that didn't want it when they had control of the govt. early in Trump's administration.

Wrong, both GOP and Dems didn’t want to change that. Funny Nancy never pushed for it when they took the House.

What would be the point of pushing for increased taxes which the Senate would never pass and Trump would veto if they did? Especially when there was so much other stuff needing to be done.

 

[Care4all]

He tried to warn us!

“It is the wrong thing. These guys are getting away with murder. I want to lower the rates for the middle class.”

Trump says tax code is letting hedge funds 'get away with murder'

Republican presidential front-runner Donald Trump blasted hedge fund managers on Sunday as mere "paper pushers" who he said were "getting away with murder" by not paying their fair share of taxes.

www.reuters.com

Of course no one in Congress would ever approve of such changes in the tax code:


But Cohn told Axios that the hedge fund and private equity lobby was too strong to overcome. “The reality of this town is that constituency [hedge funds and private equity] has a very large presence in the House and the Senate. They have really strong relationships on both sides of the aisle,” he said. “We just didn’t have the support on carried interest.”

Gary Cohn: We 'tried 25 times' to cut hedge fund loophole in tax reform bill, but failed

White House chief economic advisor Gary Cohn says the administration attempted to eliminate the carried interest tax loophole.

www.cnbc.com

Of course Bloomberg, shills for the Hedge Fund Brigade, claims President Trump’s proposed taxes for them would hurt the regular guy:

Trump’s Capital Gains Taxation Idea Could Have a Surprising Victim

Depending on how it’s implemented, indexing cap gains for inflation could harm hedge funds at the expense of ordinary investors.

www.bloomberg.com

Trump was suppose to correct and close this and other loopholes in his tax plan/big tax cut but his cash cow big donors obviously convinced him not to, or something was in it for himself, by not doing it....

How can anyone think otherwise???

 

[22lcidw]

Trump was the peoples President. It didn't take the Biden rats long to start robbing the people.

he lost get over it.

The working class lost.

 

[candycorn]

The guy who paid $750 a year in taxes is saying others are "getting away with murder"? LOL

According to you guys he’s always bankrupt.

According to the courts, your blob has filed for bankruptcy 6 times.

 

[BluesLegend]

Trump was the peoples President. It didn't take the Biden rats long to start robbing the people.

The contrast between swamp rat Biden and Trump the peoples president will be huge!

 

[theHawk]

He tried to warn us!

“It is the wrong thing. These guys are getting away with murder. I want to lower the rates for the middle class.”

Trump says tax code is letting hedge funds 'get away with murder'

Republican presidential front-runner Donald Trump blasted hedge fund managers on Sunday as mere "paper pushers" who he said were "getting away with murder" by not paying their fair share of taxes.

www.reuters.com

Of course no one in Congress would ever approve of such changes in the tax code:


But Cohn told Axios that the hedge fund and private equity lobby was too strong to overcome. “The reality of this town is that constituency [hedge funds and private equity] has a very large presence in the House and the Senate. They have really strong relationships on both sides of the aisle,” he said. “We just didn’t have the support on carried interest.”

Gary Cohn: We 'tried 25 times' to cut hedge fund loophole in tax reform bill, but failed

White House chief economic advisor Gary Cohn says the administration attempted to eliminate the carried interest tax loophole.

www.cnbc.com

Of course Bloomberg, shills for the Hedge Fund Brigade, claims President Trump’s proposed taxes for them would hurt the regular guy:

Trump’s Capital Gains Taxation Idea Could Have a Surprising Victim

Depending on how it’s implemented, indexing cap gains for inflation could harm hedge funds at the expense of ordinary investors.

www.bloomberg.com

He's 100 % correct.......

We were stupid for letting the dems take the election.

The GOP was the team that didn't want it when they had control of the govt. early in Trump's administration.

Wrong, both GOP and Dems didn’t want to change that. Funny Nancy never pushed for it when they took the House.

What would be the point of pushing for increased taxes which the Senate would never pass and Trump would veto if they did? Especially when there was so much other stuff needing to be done.

The point is Dems are covering for the Hedge Fund Brigade. They won’t go against them. After all, they donated $40 million to Hillary, and barely $375,000 to President Trump.

 

[theHawk]

He tried to warn us!

“It is the wrong thing. These guys are getting away with murder. I want to lower the rates for the middle class.”

Trump says tax code is letting hedge funds 'get away with murder'

Republican presidential front-runner Donald Trump blasted hedge fund managers on Sunday as mere "paper pushers" who he said were "getting away with murder" by not paying their fair share of taxes.

www.reuters.com

Of course no one in Congress would ever approve of such changes in the tax code:


But Cohn told Axios that the hedge fund and private equity lobby was too strong to overcome. “The reality of this town is that constituency [hedge funds and private equity] has a very large presence in the House and the Senate. They have really strong relationships on both sides of the aisle,” he said. “We just didn’t have the support on carried interest.”

Gary Cohn: We 'tried 25 times' to cut hedge fund loophole in tax reform bill, but failed

White House chief economic advisor Gary Cohn says the administration attempted to eliminate the carried interest tax loophole.

www.cnbc.com

Of course Bloomberg, shills for the Hedge Fund Brigade, claims President Trump’s proposed taxes for them would hurt the regular guy:

Trump’s Capital Gains Taxation Idea Could Have a Surprising Victim

Depending on how it’s implemented, indexing cap gains for inflation could harm hedge funds at the expense of ordinary investors.

www.bloomberg.com

Trump was suppose to correct and close this and other loopholes in his tax plan/big tax cut but his cash cow big donors obviously convinced him not to, or something was in it for himself, by not doing it....

How can anyone think otherwise???

It didn’t happen because Congress would never go for it. It’s explained in the second article. A President cannot just unilaterally change the tax code.