Close the carried interest tax loophole and make millionaire hedge fund managers pay their fair share of taxes.
Why is this important?
Wall Street hedge fund managers aren't just a driving force behind rising inequality in America -- they have their own tricky loophole that shifts billions in taxes to people who make much less.
President Obama has called on Congress to close the "carried interest loophole" that taxes hedge fund managers' profits at half the regular rate.
As Bernie Sanders explains, "This can result in millionaires and even billionaires who manage these funds paying lower effective tax rates than many middle-class families."
Let's stop tricky Wall Street accounting and force these traders to pay their fair share.
Will you sign the petition?
