In an interview to Bloomberg on Tuesday, billionaire Carl Icahn backs Donald Trump’s calls to end carried-interest loopholes and rules that encourage corporations to relocate overseas and avoid repatriating profits.
“I would say it’s an endorsement. I think at this moment in time, he’s the only candidate that speaks out about the country’s problems, ” Icahn said by phone to Bloomberg, “I’m behind Trump. I disagree on certain points I don’t want to get into, I’m sure those can be worked out, but the basic thing is, you need somebody that can get things going in Congress, and I think he can do it. You need somebody that understands business, and I think he understands it.”
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