Trump Says He Still Wants to End Carried Interest Tax Benefit
- ‘I will’ try to raise rates for hedge funds, president says
- Congressional appetite very small to tinker with new tax law
U.S. President Donald Trump speaks at the National Association of Realtors Legislative Meeting and Trade Expo in Washington.
Photographer: Olivier Douliery/Abaca PressThis article is for subscribers only.
President Donald Trump, still rankled by the preferential tax treatment of investment profits at hedge funds and private equity firms, says he wants another crack at ending so-called carried interest.
“So is carried interest something you’d still like to do?” Fox interviewer Steve Hilton asked Trump in an interview broadcast Sunday night. “I would like to do it, I will do it,” the president said in response.