Grover Norquist Statement on Carried Interest

Posted by Americans for Tax Reform on Tuesday, September 29th, 2015, 11:34 AM PERMALINK

I oppose higher taxes on carried interest capital gains. On principle, capital gains should be taxed as capital gains not at artificially higher rates. In a conversation with a reporter about a world with drastically lower tax rates across the board, my position on carried interest capital gains was taken radically out of context. My point was and is that increasing taxes on carried interest capital gains is a shiny bauble conceived in left-wing academia, is not serious tax policy and is not part of a grown up conversation on tax reform.

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