Once again, I find myself agreeing with Donald Trump:
Even as his campaign has shown remarkable staying power, Republican presidential candidate Donald Trump is dogged by the perception that there isn’t much to him beneath the bluster and the glitz. But he may have inadvertently steered the race into important territory, at least when it comes to Wall Street and taxes.Donald Trump is in agreement with me, and with Bernie Sanders, and Barack Obama that the carried interest loophole is bullsh%$, and it needs to be repealed immediately.
In interviews over the last several days, Trump made blistering comments about inhabitants of a corner of the financial industry who have grown accustomed to criticism. “I know a lot of bad people in this country that are making a hell of a lot of money and not paying taxes,” Trump said in an interview with Time, in apparent reference to hedge fund and private equity fund managers. “The tax law is totally screwed up.”
"They're paying nothing and it's ridiculous," he added on CBS a few days later. “The hedge fund guys didn't build this country. These are guys that shift paper around and they get lucky." He went on: “They’re energetic, they’re very smart. But a lot of them, it’s like they’re paper pushers. They make a fortune, they pay no tax...The hedge funds guys are getting away with murder.”
“The hedge fund guys didn't build this country. These are guys that shift paper around and they get lucky.”
Let me be clear about this, Donald Trump is a bigoted nativist, or at least he does a remarkable job of playing on on TV, but a lot of Trumps positions, whether about welfare for hedge funds, social security, or healthcare (see my earlier previous post) he is literally the best Republican in the race right now.
As I've said before, Trump is not a political outlier. This is the Dixicrat politics of Strom Thurmond, George Wallace, and Theodore Bilbo.
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