Fox Anchor STUNNED When She Suddenly Realizes The GOP Lies For Greed
December 23, 2017
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3:54Now PlayingFox Anchor STUNNED When She Suddenly Realizes The GOP Lies For Greed
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as posted by the channelIn this Majority Report clip, we watch Fox Business anchor Trish Regan have a moment of clarity after realizing how greedy the GOP is.
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---The president keeps touting this as the biggest tax cut ever, and while it's great for corporations and there is nothing wrong with that, and it's also great for a lot of fat cat private equity investors and there is something wrong with that. This guy Stephen Schwarzman who's made over $400 billion in 1 year, and percentage-wise, guess what? His tax bracket is actually lower than a New York City cop. How do you like that? And that's because he calls his income 'investment.'
The president promised to fix this, remember?
DONALD TRUMP, AUGUST 2016: We will eliminate the carried interest deduction, well-known deduction, and other special interest loopholes that have been so good for Wall Street investors, and for people like me.
But neither the House nor the Senate ever bothered to address this. So those private equity fat cats get away with paying investment taxes instead of income taxes. And that is just wrong. So why doesn't anyone care? ---
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