PBS NewsHour

The war over a tax break for hedge funds and money managers

Clip: 10/29/2015 | 7m 54s

The so-called carried interest loophole is a tax break used by hedge funds and other investment groups that lets wealthy money managers pay a relatively low investment tax rate. Economics correspondent Paul Solman takes a close look at the controversial tax break.

Aired: 10/29/15

Rating: NR

Problems Playing Video? | Closed Captioning

Major corporate funding for the PBS NewsHour is provided by BNSF, Consumer Cellular, Leidos, Babbel, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Mutual of America. …