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Trump Puts a Serious Wall Street Issue on the Table: Hedge Fund Carried Interest

The billionaire has argued that hedge fund managers are "getting away with murder."

Even as his campaign has shown remarkable staying power, Republican presidential candidate Donald Trump is dogged by the perception that there isn’t much to him beneath the bluster and the glitz. But he may have inadvertently steered the race into important territory, at least when it comes to Wall Street and taxes.

In interviews over the last several days, Trump made blistering comments about inhabitants of a corner of the financial industry who have grown accustomed to criticism. “I know a lot of bad people in this country that are making a hell of a lot of money and not paying taxes,” Trump said in an interview with Time, in apparent reference to hedge fund and private equity fund managers. “The tax law is totally screwed up.”