Should the carried interest loophole be closed? Private equity-Hedge Funds

[JANFU]

http://www.nytimes.com/2016/05/08/b...column-region&region=top-news&WT.nav=top-news

Mr. Obama expressed frustration that many middle-class Americans feel they’ve been left behind during his time in office. The wealthiest Americans, meanwhile, have become richer during the Obama years.

There is a lot about this problem of income inequality — and about the economy over all — that Mr. Obama cannot control. Still, there is something he could do right now to help narrow the widening gulf between rich and poor.

In one deft move, Mr. Obama could instruct officials at his Treasury Department to close the so-called carried interest tax loophole that allows managers of private equity and hedge funds to pay a substantially lower federal tax rate on much of their income.

Should the carried interest loophole be closed- Private equity-Hedge Funds?
Yes
No
Other -pls explain