Eliminate Carried Interest Deduction
Current Status: WaitingAs of
"Carried interest will be taxed as ordinary income."
- Trump Campaign Web Site
"Moss : Good evening. My question is what specific tax provisions will you change to ensure the wealthiest Americans pay their fair share in taxes?
Cooper : Mr. Trump, you have two minutes.
Trump : One thing I’d do is get rid of carried interest. The—one of the greatest provisions for people like me, to be honest with you..."
- Second Presidential Debate, Oct 2016
This policy does not seem to have been addressed, let alone included, in the Republican budget reconciliation/tax bill that was signed into law in late 2017.