Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

magical thyme

(14,881 posts)
Sun Jun 7, 2015, 02:18 PM Jun 2015

Bill De Blasio Wants Hillary Clinton to Back End to Carried-Interest Loophole

New York Mayor Bill de Blasio insisted that former Secretary of State Hillary Clinton call for higher taxes on the wealthy, a $15-an-hour minimum wage and an end to preferential treatment for carried interest earned by private-equity managers.

De Blasio, a self-described progressive, said in April that he was withholding his endorsement of Clinton in the 2016 Democratic presidential primary until she lays out specific plans for tacking income inequality

In a radio interview Friday with Brian Lehrer on WNYC, de Blasio said Clinton should back investor Warren Buffett’s suggestion of taxing chief executives at a higher rate than their employees and support an end to the rule that allows profits earned by private-equity managers, venture capitalists and some hedge funds to be taxed as capital gains rather than ordinary income.

http://www.bloomberg.com/politics/articles/2015-06-05/de-blasio-wants-clinton-to-back-end-to-carried-interest-loophole

Latest Discussions»General Discussion»Bill De Blasio Wants Hill...