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senate Bill S. 781

Eliminating Tax Advantages for Investment Fund Managers

Argument in favor

The carried interest loophole benefits the wealthiest, most politically connected Americans who use it to pay a lower effective tax rate than many ordinary hard-working Americans. Managing partners at hedge funds and private equity firms need to pay their fair share of taxes.

burrkitty's Opinion
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07/20/2019
Also double the capital gains tax and end corporate welfare.
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07/20/2019
Big wigs and corrupt wealthy people must pay taxes. Stop the tax scam called ‘carried interest’ Vote Yes on Tammy Baldwin’s bill to make wealthy hedge fund managers ( like Jeffrey Epstein) pay real income taxes.
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07/20/2019
Yes, let’s clean up the unethical, theft of America. The middle class and the poor end up paying the penalties for all of the wealthy’s fleecing of America.
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Argument opposed

It would set a bad precedent for Congress to enact policy targeting the compensation system of one particular industry to score political points. Plus it would be of little fiscal benefit, as $1.5 billion annually in new tax revenue doesn’t help much with a budget deficit that tops $500 billion.

Larry's Opinion
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07/20/2019
How about completely overhauling the tax system. Let's go to the "Fair Tax" a system sort of like a national sales tax. And cut off Washington's micromanaging our behavior with tax policy
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Gopin2020's Opinion
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07/20/2019
I’m opposed to this bill, this would deter good people from taking executive level jobs, hurting business growth and employee hiring at lower levels from not expanding these businesses due to pro growth environments. #MAGA
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Terry's Opinion
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07/20/2019
Tax tax tax socialism socialism socialism liberal socialist hypocrite Democrats agenda for America.
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bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Committee on Finance
    IntroducedMarch 13th, 2019