Carried interest is a loophole in the United States tax code that has stood out for its egregious unfairness and stunning longevity.
Typically, the richest of the rich pay 40 percent tax on their income. The very narrow, select group that benefits from carried interest pays only 20 percent.
Earlier versions of the Inflation Reduction Act targeted carried ... Show More
May 2022
The scourge of the “time tax”
Dylan Matthews and Dara Lind are joined by Annie Lowrey (@annielowrey), a staff writer at the Atlantic, to talk about why it’s so hard for people to get government benefits. Frequently called the “time tax,” the administrative burden of applying for and distributing government be ... Show More
51m 46s
Dec 2017
The Young Turks 12.21.17: Tax Bill, Jill Stein, Bob Corker, and Uranium One
A portion of our Young Turks Main Show from December 21th, 2017. For more go to http://www.tytnetwork.com/join.Hour 1: Cenk. As Republican lawmakers work toward finalizing legislation to overhaul the U.S. tax code, consumer advocates are bracing for an ensuing showdown over entit ... Show More
56m 39s