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of the money they earn. here s the bottom line. it is not their money and it is not their risk. they get to pay 20% on the equivalent of their wages. last i checked everyone else s taxes are taxed at a normal income tax rate. joining us is michael. can you just explain the significance of this loophole? we re talking real money, right? we re talking real money, erin. we re talking about a lot of money. i mean, this would basically double the tax that venture capitalists and private equity investors have to pay every year. you ve been right on this all along. it s inconsistent with current tax policy. so, yeah, i mean, these guys have gotten a big break. i don t blame them. i wish i could have figured out how to get that break. it s terrific. but now the republicans are saying we should change that law, and look at this, we ve got

Mo neyBottom lineCold heart of americaIncome tax rateReal moneyMichael farEveryone elseErin burnett outfrontVenture capitalistsTax policy