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Thu May 30, 2019, 02:34 PM

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.

"Itís 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. Iíve worked and invested and working is a lot harder."

https://www.yang2020.com/policies/capital-gain-carried-interest-tax/

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