I have said this over and over about how unfair the Carried Interest or as I call it, the “Fat Cat Loophole” is! To have hedge fund and private equity folks taxed at a lower rate for making money off other people’s money is NOT fair! President Donald J. Trump promised on the campaign trail that he will get rid of these loopholes, so why isn’t Congress listening? Republican Congressman from New York Chris Collins agrees, he says, “I can’t defend Carried Interest loophole – that’s bad policy & it

Now this is something we’ve been following very closely here on the Intelligence Report -- the carried interest loophole-- which still exists in the newly signed tax bill -- and is something president Trump *PROMISED* to do away with. Well guess what? We discovered a way to close it up – and save taxpayers over 180- billion dollars -- that could pay for the wall and make a *HUGE* dent in our deficit. American Majority CEO Ned Ryun says all the President needs to do is call the Treasury Secretary