Start A Petition

Close This Unfair Tax Loophole - Petition


Business  (tags: tax, hedge fund, carried interest, unfair tax code, Tammy Baldwin )

Sheryl
- 1300 days ago - action.civilrights.org
Hedge fund and private equity fund managers use the carried interest tax break to classify their earnings as return on investment. They pay less than teachers, nurses, and firefighters. Must close this unfair loophole.



   

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Comments

AWAY AWHILE Cal Mendelsohn (1065)
Friday October 30, 2015, 8:26 pm
Signed and noted--thanks Dandelion
 

Roslyn McBride (26)
Friday October 30, 2015, 8:38 pm
Noted, not possible to sign as it's for Americans only.
 

Wayne W (12)
Friday October 30, 2015, 8:54 pm
Why Hedge Funds Don’t Worry About Carried Interest Tax Rules
http://dealbook.nytimes.com/2014/05/14/why-hedge-funds-dont-worry-about-carried-interest-tax-rules/?_r=0

Carried interest is old hat. They're into Bermuda re-insurance now.

To replace the Cayman strategy, many top hedge fund managers have entered the business of reinsurance, using Bermuda-based reinsurance companies as a capital base for investment in their hedge funds.

This is just one of the many subterfuges in Donald Trump's con-job tax plan to make it seem as if he would crack down on tax loopholes. As an aside, his plan to eliminate the estate tax (which affects about 1/7 of one percent of Americans) would save his family $2 billion if he is as rich as he says he is.
 

Maria Teresa Schollhorn (42)
Friday October 30, 2015, 10:51 pm
Signed. Thanks Dandelion.
 

Sue H (7)
Friday October 30, 2015, 11:46 pm
Noted and signed, thanks.
 

Darren Woolsey (218)
Saturday October 31, 2015, 1:51 am
Dodgy bastards
Signed
Thanks Dandelion.
 

Sandra Ferri (114)
Saturday October 31, 2015, 2:40 am
N&S TY Dandelion xoxo
 

Ben O (131)
Saturday October 31, 2015, 2:52 am
Signed!
 

Animae C (508)
Saturday October 31, 2015, 2:54 am
Signed
Thanx Dande
 

Inge B (202)
Saturday October 31, 2015, 3:15 am
Signed.

Love
 

Arild Warud (174)
Saturday October 31, 2015, 3:30 am
Signed,thanks Sheryl.
 

Mike M (8)
Saturday October 31, 2015, 5:13 am
N&S
 

Phil P (94)
Saturday October 31, 2015, 5:23 am
Signed. Tax breaks bought and paid for by the wealthy, corporations and special interests. And people wonder why the rich get richer.
 

Giana Peranio Paz (398)
Saturday October 31, 2015, 5:43 am
Noted and signed, thanks Dandelion.
 

Past Member (0)
Saturday October 31, 2015, 5:54 am
noted & signed; Thank you Dandelion!

I don't live in america - but I signed for my american friends.
 

Darlene W (289)
Saturday October 31, 2015, 5:59 am
Noted and signed--thank you Dandelion.
 

Craig Pittman (52)
Saturday October 31, 2015, 6:34 am
Noted, can't sign though as I am not American. Good story Dandelion.
 

Freya H (345)
Saturday October 31, 2015, 7:04 am
Drat, Dandelion - I wish that I could upend an industrial drum full of green stars on your head! I will simply send you a green star whenever I have the opportunity. You must have a million of them by now.
 

Barb SiteIssues V (202)
Saturday October 31, 2015, 7:32 am
Signed & Noted, Thank you
 

Ed Site Issues V (198)
Saturday October 31, 2015, 8:50 am
S&N, Thanks
 

Past Member (0)
Saturday October 31, 2015, 8:56 am
Signed-thx Dandelion
 

Liv B (0)
Saturday October 31, 2015, 9:16 am
Done, thanks Dandelion.
Americans for Financial Reform brings together more than 200 organizations to work for a safer, simpler and fairer financial system – one that promotes a more equitable and sustainable economy instead of feeding inequality and risk.
 

M B (62)
Saturday October 31, 2015, 9:16 am
Done
 

Birgit W (160)
Saturday October 31, 2015, 10:08 am
Gladly signed.
 

Robert B (55)
Saturday October 31, 2015, 11:02 am
Congress WILL NOT LISTEN to us UNLESS we start voting out the ones only do the bidding of Wall Street.
 

Patrick Donovan (344)
Saturday October 31, 2015, 11:18 am
Carried interest is a rigged game. The investors in the funds are the ones who take the risks. The managers get paid fees and a percentage of the gains - no losses. They are not entitled to the same tax rate as the investors since do not take the same risks.
 

Terrie Williams (798)
Saturday October 31, 2015, 12:20 pm
Signed and shared (twice) in private email, noted.
 

Monika A (94)
Saturday October 31, 2015, 1:41 pm
Noted and signed. Thank you.
 

Past Member (0)
Saturday October 31, 2015, 2:39 pm
I am with you :)
 

Sheila D (28)
Saturday October 31, 2015, 3:10 pm
Noted and signed. Thanks, Dandelion.
 

Bonnie Lynn M (1)
Saturday October 31, 2015, 4:42 pm
Already signed. Thank you
 

Nelson Baker (0)
Saturday October 31, 2015, 4:46 pm
Signed and noted.
 

Sheryl G (359)
Saturday October 31, 2015, 6:06 pm
Thanks Wayne, there is more than one way they have scammed the system and made it "legal" to do so. Even Trump admits he has done everything allowable he has broken no laws. Why so many people can't see through his slight of hand game is beyond me. Too many only "want" to hear some of what he is saying and not all of what he is saying.

Thanks to Sabine and the rest of my non American friends, grateful from the bottom of my heart.
 

Nancy Black (308)
Saturday October 31, 2015, 6:29 pm
Noted, signed, tweeted, and shared. This has been going on so long that a good many reasonable people accept it and even vote for the politicians that vote for this.
 

Lois Jordan (63)
Saturday October 31, 2015, 6:35 pm
Signed & noted. Thanks, Dandelion.
 

Jordan G (37)
Sunday November 1, 2015, 1:54 am
TY
 

Past Member (0)
Sunday November 1, 2015, 3:19 am
Thank you
 

Victoria P (110)
Sunday November 1, 2015, 5:45 am
Signed with thanks
 

Daniel Partlow (179)
Sunday November 1, 2015, 11:34 am
S&N
 

Mandi T (367)
Sunday November 1, 2015, 12:11 pm
Signed.
 

LaurenBackSoon Kozen (173)
Sunday November 1, 2015, 5:27 pm
Noted, Signed & Shared. Thanks Dandelion.
 

Maryann S (112)
Monday November 2, 2015, 12:41 pm
Noted, signed & shared! Thanks
 

Judy C (91)
Monday November 2, 2015, 3:45 pm
Gladly signed. Thanks Dandelion.
 

Mary T (356)
Monday November 2, 2015, 8:59 pm
thank you Dandelion - signed and noted
 
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