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Re:The carried interest loophole survives again by snowwrestler on Tuesday August 23, 2022 @08:21AM (#32563769)
Some U.S. states have a sales tax. Some also have an annual tax on the current assessed value of personal property, like real estate, cars, boats, etc.

There are no federal (nationwide) versions of those, though.

Re:The carried interest loophole survives again by memling on Tuesday August 23, 2022 @08:43AM (#32564042)
> Some U.S. states have a sales tax. Some also have an annual tax on the current assessed value of personal property, like real estate, cars, boats, etc.

My current state has sales taxes (on non-essentials), property taxes that go to the state and the local school district (separate assessments), and an income tax to the state and my local district. The state counts income as earned income and passive income. Federal deductions reduce my tax burden there, but no such deductions obtain at the state or local level.

While it's popular to talk about the tax differential between the EU and US—and there is one—it's probably not quite as big as advertised (at least not in all states).

Re:The carried interest loophole survives again by marcus0x62 on Tuesday August 23, 2022 @08:34AM (#32563937)
“Some”, as in 45 out 50[1]?

1 - https://taxfoundation.org/2021-sales-taxes/

Re:The carried interest loophole survives again by lotsofpulp on Tuesday August 23, 2022 @08:27AM (#32563848)
Would federal excise taxes count as close enough to a sales tax? And for the purposes of comparing to VAT, is VAT considered an excise tax too?

https://en.wikipedia.org/wiki/Excise_tax_in_the_United_State...

Re:The carried interest loophole survives again by oldsecondhand on Tuesday August 23, 2022 @08:27AM (#32563845)
VAT rate isn't the same in the EU either, but each member country has to have at least 20% VAT.
Re:The carried interest loophole survives again by benj111 on Tuesday August 23, 2022 @08:40AM (#32564014)
Except on certain items. Gas and electricity are 5% I believe.