“My approach to tax policy will do just what needs to be done. For all Americans the uncertainty and complexity of a tax code written for special interests and the very rich will be removed and a clear future will be available for all.

The plan has several goals. Let me make it clear that this set of policies takes dead aim at eliminating deductions and loopholes available to special interests and the very rich, as well as those deductions made redundant or unnecessary by the much lower tax rates every person and business will be paying.

In particular, I am proposing ending the current treatment of carried interest for hedge funds and other speculative partnerships that do not grow businesses or create jobs.”