Wilbur Ross on Carried-Interest and Death Taxes

The video discusses Donald Trump's tax proposals, focusing on raising taxes on carried interest while cutting taxes for LLCs and partnerships. It highlights the potential impact on successful individuals in finance and the implications for wealth transfer. The speaker critiques the death tax, arguing it unfairly penalizes family-owned businesses and could lead to their liquidation, despite not generating significant revenue. The discussion contrasts Trump's policies with those of Hillary Clinton, emphasizing the punitive nature of the death tax on post-tax earnings.

What is Donald Trump's stance on the tax for carried interest?

What are the potential consequences of the proposed tax changes on successful individuals in finance?

How does the speaker perceive the impact of the death tax on family-owned businesses?

What is the speaker's opinion on the concept of taxing wealth upon death?

In what way does the speaker believe the proposed tax changes will affect job creation?