Jeb Bush tax plan would set investment taxes at 20%, eliminate deductions
The presidential candidate also would eliminate so-called “carried interest” that allows private equity and hedge fund partners to pay capital gains taxes rather than ordinary income taxes on their share of fund profits.
Former Florida Gov. Jeb Bush would trim the capital gains tax, lower individual and corporate rates and cap deductions as part of a tax plan he asserts would spur economic growth.
Mr. Bush, a Republican candidate for president, outlined his proposal on his campaign website and in an appearance Wedne
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