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Donald Trump, Democrats to negotiate together to close interest tax loophole

quinntheislander / Pixabay

Donald Trump, Democrats to negotiate together to close interest tax loophole

Both President Trump and Capitol Hill Democrats head into negotiations over tax reform vowing to put the squeeze on hedge fund managers by closing the carried interest tax loophole – a point of agreement that held out promise for becoming a foundation for a once-in-a-generation deal. There’s one problem: Hedge fund managers don’t use the tax…