Trump’s populism takes hit from carried interest opponents

The following article by Sylvan Lane was posted on the Hill website December 25, 2017:

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The GOP tax-cut package that swept through the GOP Congress this week fulfilled a key pledge from President Trump, who vowed to cut taxes during his presidential campaign.

But the package failed to eliminate a key deduction used by wealthy investment firms that Trump had vowed to kill, which is already sparking some disappointment and anger from populist supporters of the president.

Ann Coulter, an ally of Trump, slammed the president for the inclusion of the carried interest provision. Continue reading “Trump’s populism takes hit from carried interest opponents”