Ledger · 2016 campaign · № 16
Eliminate the carried interest loophole
Never delivered“[paraphrase] Hedge fund managers are getting away with murder; the carried interest loophole will be eliminated.”
- Promised
- , CBS "Face the Nation" interview and subsequent campaign tax plan
- Re-promised
- 10 times with a fresh deadline
- Topic
- Taxes & deficit
- Era
- 2016 campaign
What happened
The 2017 tax law kept the carried interest provision, only lengthening the required holding period from one year to three years for the preferential rate. PolitiFact rated the promise broken on December 20, 2017.