'Carried Interest Loophole' Makes the Super Rich Even Richer

Published: June 22, 2016, 3:21 a.m.

Leslie is joined by Patriotic Millionaire Arthur “Art” Lipson, who has been managing private investment partnerships since 1995.

They discuss how the 'carried interest loophole' is making the super rich even richer, and why the Patriotic Millionaires are asking Congress to close the loophole.

Art has been the sole managing member of Western Investment, which has acted as the general partner, managing member or investment manager, as the case may be, of private investment partnerships in certain funds since 1997.

The website for the Patriotic Millionaires is www.PatrioticMillionaires.org and their Twitter handle is @PatrioticMills.