The next thing I'll bring up is the carried interest treatment for hedge fund managers under the carried interest loophole, you might call it people whose primary income is derived from being entitled to some of Under the carried interest loophole... people are taxed at capital gains rates rather than regular rates. In other words, people who are investing other people's money and making frequently millions of dollars a year are taxed at a much lower rate than people who are welders, people who are nurses, people who make their money any other way. (18:41–19:03)
CLAIM
Asserts that the carried interest loophole allows certain incomes to be taxed at lower capital gains rates.
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