5min chapter

Macro N Cheese cover image

The Myth of Venture Capital with Julia Ott

Macro N Cheese

CHAPTER

Capital Gains Tax Preference and Carried Interest Provision

Ilyse Hogue: Americans have fondish aspirational types of attitudes towards the wealthy. She says progressive and radical movements should take up tax expenditures in a big way. But I don't think that that requires changing attitudes about the rich nor will it change attitudes, she says. "We can't convince people to abolish tax expenditures"

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