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Andrew Yang You are in the Yang 2020 Group. Only members who have selected Andrew Yang as their preferred Democratic presidential candidate are permitted to post in this Group.

Sherman A1

(38,958 posts)
Thu May 30, 2019, 01:34 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/

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