Yes, but it eliminates “carried interest” so people who use this in Hedge Funds will have their taxes go up to whatever level ordinary incomes are taxed.
Besides, Donald Trump is being opposed by a bunch of rich people, so, of course, he is going to say something that will upset them, and the peons who follow the rich people around. ;-)
Ah, okay. I've heard the term "Hedge Fund" before, but I do not know what it is. Thanks for the info.