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JohnSJ

(92,396 posts)
Fri Aug 12, 2022, 10:45 AM Aug 2022

On Bloomberg Larry Summers blasts allowing the carry interest tax break to stay instead or

removing it from the inflation reduction bill is an outrageous example of special interests at work

and while he didn’t call out Sinema by name, it was obvious where the criticism was directed.

He praised the prescription drug reforms and the addressing of the climate change elements in the bill, and overall praised it, but his biggest criticism was the carry interest tax break should have been removed. That only benefits a very small wealthy group who don’t need it

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On Bloomberg Larry Summers blasts allowing the carry interest tax break to stay instead or (Original Post) JohnSJ Aug 2022 OP
True, they don't need the money but they crave the advantage. jaxexpat Aug 2022 #1
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