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
Joe BidenCongratulations to our presumptive Democratic nominee, Joe Biden!
 

Sherman A1

(38,958 posts)
Thu May 30, 2019, 02:34 PM May 2019

Andrew Yang Policy on CAPITAL GAIN/CARRIED INTEREST TAX



Capital gains and carried interest currently receive favorable treatment by the tax code. This privileges investors over workers and promotes speculation.

"It’s irrational that we privilege capital gains and investment income versus earned income. The top 20% own 92% of the stock market, and the bottom half of Americans own essentially zero. We should be encouraging and rewarding work first and foremost. An investor should not be paying a lower tax rate on gains than the person who is working hard every day. I’ve worked and invested and working is a lot harder."

https://www.yang2020.com/policies/capital-gain-carried-interest-tax/
If I were to vote in a presidential
primary today, I would vote for:
Undecided
Latest Discussions»Retired Forums»Democratic Primaries»Andrew Yang Policy on CAP...