Patriotic Millionaires' Continued Effort to Close the Carried Interest Loophole

Patriotic Millionaires' Continued Effort to Close the Carried Interest Loophole

This year, the Patriotic Millionaires crafted a campaign that took the fight to close the loophole to the individual states. New York, a financial hub of the US, has become the lead state in this year’s attempts to bypass inaction and see results. There has been resounding support following Senator Klein’s recent endorsement in the New York State Senate.

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Do Americans Really Need A Law Giving Them The “Freedom” To Use Predatory Lenders?

Do Americans Really Need A Law Giving Them The “Freedom” To Use Predatory Lenders?

I say to all of the legislators who are backing HR 4018, the Orwellian named Consumer Protections and Choice Act: States should be allowed to impose additional restrictions on lenders (including licensing requirements) but the federal government must establish a nationwide minimum standard which which all payday lenders must adhere.

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