President Donald Trump takes questions during a press conference with unseen Israel’s Prime Minister Benjamin Netanyahu in the East Room of the White House in Washington, DC, on February 4, 2025.
Top earners pay 20% capital gains plus 3.8% for net investment income tax . By comparison, the highest tax rate for regular income is 37% for 2025.
Investment fund general partners receive part of their earnings via a share of the fund’s profits called carried interest, which is taxed at long-term capital gains rates when held for more than three years .
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Trump wants to end the ‘carried interest loophole.’ What it means
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