To: President Donald Trump

Tax Loophole

Tax unearned income at the same rate as earned income. Closing this tax loophole would serve to reduce the deficit and make tax law more fair.

Why is this important?

Tax fairness. Why do people who do not need to work but live very well on the money from their investments pay a tax rate of 15% while the working person pays 20% or 28% or more? Why is money taxed at a lower rate than labor? This was not the way the tax law used to be written. Closing this tax loophole would help reduce the deficit.