Clinton would use executive action to end tax loophole: USA Today

[Eugene]

Source: Reuters

Politics | Wed Jun 15, 2016 3:51pm EDT

Clinton would use executive action to end tax loophole: USA Today

U.S. Democratic presidential candidate Hillary Clinton said, if elected, she would use executive action to end a tax loophole for wealthy Americans, according to an interview with USA Today on Wednesday.

Clinton said that if Congress did not act, she would ask the Treasury Department to use its authority to end the tax advantage, known as the carried interest loophole, which allows hedge-fund managers to pay a lower rate than other taxpayers by counting their income as investment income.

(Writing by Eric Beech; Editing by Eric Walsh)

http://www.reuters.com/article/us-usa-election-clinton-tax-idUSKCN0Z12F4

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Source: USA Today

USA TODAY interview: Clinton says she'll call Trump unfit to handle economy

Heidi M Przybyla, USA TODAY 12:30 a.m. EDT June 16, 2016

Hillary Clinton told USA TODAY on Wednesday she plans to make the case for why Donald Trump is "temperamentally unfit" to manage the nation's economy and pledged to end a tax loophole for wealthy Americans by executive action if necessary in a preview of a second major policy address, scheduled for next week, that casts the real estate mogul as dangerous and unqualified.

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Read more: http://www.usatoday.com/story/news/politics/elections/2016/06/15/hillary-clinton-donald-trump-economy/85928334/

[Herman4747]

1. If this is so great, why doesn't Obama do it? n/t

[Fuddnik]

2. She's lying through her teeth.

Obama won't do it either, because it's great.

They're not about to cross their owners.

[Herman4747]

3. Would not be the first time. Nt