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States and Millionaires Aim to Close the Carried Interest Loophole

Heads up! Eight states are planning or working on legislation to close the Carried Interest Loophole: California, Connecticut, Illinois, Massachusetts, New Jersey, New York, Pennsylvania, and Rhode Island. Millionaires don’t like the Loophole, either. They say it’s bad for the economy and the society in which we all need to live…


Tax Dodge: The Carried Interest Loophole

“Wonder why Trump is breaking his promise on carried interest? Many of his advisors are Goldman Sachs bankers and hedge fund managers. Over the last decade, hedge fund managers have dodged nearly $180 billion in taxes! The swamp never looked so full! This tax season, watch this video and tell your legislators to close the carried interest loophole! ~ Brave New Films

You can help by signing the Hedgeclippers.org petition to Close the Loophole. This petition is addressed to Members of Congress, as well as State Legislatures.

You may also take action at Patriotic Millionaires to Close the Carried Interest Loophole, where they will help you send a text message or make a video message to send to your elected officials.


Yes, Patriotic Millionaires are on-board to close the Carried Interest Loophole.

These Millionaires Want Wall Street to Close Its Carried Interest Tax Loophole | Institute for Policy Studies

“A group of Patriotic Millionaires recently traveled by private jet to Albany, the New York state capital, to support legislation to close the “carried interest” loophole, a provision that gives Wall Street financiers preferential treatment at tax time. The legislation could capture an estimated $3.7 billion for the state…” ~ Inequality.org Staff


Be aware. Be fair (objective).

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About The Author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She writes fiction about an alpha Bichon named Chester, and his friends--with a dash of humor and a dab of poli-sci. JoAnn worked professionally in the Psychology and Information Science fields. Retired now, she enjoys the creative life.

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