Ann Coulter blasts Trump for not following through on campaign promise about huge tax loophole

Longtime Donald Trump supporter and conservative commentator Ann Coulter went on a Twitter storm about the president on Monday.

Specifically, she’s apparently annoyed with Trump for not following through on a campaign promise about taxes.

Coulter is talking about the carried interest tax loophole that lets hedge fund managers pay a capital gains tax of 20 percent and an investment tax of 3.8 percent.

It’s essentially a tax break for the rich. Closing the loophole would make hedge fund managers pay a tax of 43.4 percent.

As early as August 2015, Trump said In an interview with TIME that he wanted to "switch taxes around" and that he knew a lot of hedge fund managers who "weren't paying anything."

After he won the presidency in May 2017, he maintained that the carried interest tax would be removed under his plan, saying "Look, carried interest was great for me too, but carried interest was unfair and it’s gone."

Now, in the latest GOP tax reform bill, the loophole essentially hasn’t changed. According to Bloomberg, it has only been somewhat modified, and will now allow fund managers to still get that break as long as they hold onto their investment for three years instead of the previous one year required.

The Senate is expected to vote Wednesday on the tax bill after the House does the same on Tuesday. 

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Ann Coulter through the years
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Ann Coulter through the years
WASHINGTON, DC - OCTOBER 23: Ann Coulter, left, is interviewed for One America News Network on Wednesday October 23, 2013 in Washington, DC. Coulter is promoting her new book, 'Never Trust a Liberal Over 3-Especially a Republican'. (Photo by Matt McClain/ The Washington Post via Getty Images)
Jimmie Walker and Ann Coulter during 5th Annual TV Land Awards - Arrivals at Barker Hanger in Santa Monica, CA, United States. (Photo by Barry King/WireImage)
LOS ANGELES, CA - JULY 22: Political commentator and author Ann Coulter arrives at the premiere of 'Sharknado 3: Oh Hell No!' at iPic Theaters on July 22, 2015 in Los Angeles, California. (Photo by Gregg DeGuire/WireImage)
LOS ANGELES, CA - AUGUST 27: Political commentator, author Ann Coulter attends The Comedy Central Roast of Rob Lowe at Sony Studios on August 27, 2016 in Los Angeles, California. (Photo by Jeffrey Mayer/WireImage)
LOS ANGELES, CA - AUGUST 27: Commentator Ann Coulter attends The Comedy Central Roast Of Rob Lowe held at Sony Studios on August 27, 2016 in Los Angeles, California. (Photo by Mark Davis/WireImage)
LOS ANGELES, CA - AUGUST 27: Ann Coulter attends the Comedy Central Roast of Rob Lowe at Sony Studios on August 27, 2016 in Los Angeles, California. (Photo by Jason LaVeris/FilmMagic)
CORAL GABLES, FL - MARCH 10: Ann Coulter signs copies of her book 'Adios America' at Books and Books on March 10, 2016 in Coral Gables, Florida. (Photo by Aaron Davidson/Getty Images)
SANTA MONICA, CALIFORNIA - APRIL 10: Ann Coulter arrives at the TV Land Icon Awards at The Barker Hanger on April 10, 2016 in Santa Monica, California. (Photo by Jerod Harris/WireImage)
CORAL GABLES, FL - MARCH 10: Ann Coulter signs copies of her book 'Adios America' at Books and Books on March 10, 2016 in Coral Gables, Florida. (Photo by Aaron Davidson/Getty Images)
THE VIEW - Ann Coulter, Alan Alda, and Malcolm Jamal Warner are the guests today, October 16, 2015 on ABC's 'The View.' 'The View' airs Monday-Friday (11:00 am-12:00 pm, ET) on the ABC Television Network. (Photo by Heidi Gutman/ABC via Getty Images)
LOS ANGELES, CA - OCTOBER 10: Ann Coulter speaks during Politicon at the Los Angeles Convention Center on October 10, 2015 in Los Angeles, California. (Photo by Frederick M. Brown/Getty Images)
LOS ANGELES, CA - JULY 22: Political pundit/author Ann Coulter arrives for the Premiere Of The Asylum's 'Sharknado 3: Oh Hell No!' at iPic Theaters on July 22, 2015 in Los Angeles, California. (Photo by Albert L. Ortega/Getty Images)
LOS ANGELES, CA - JULY 22: Ann Coulter and Lou Ferrigno arrives at the Premiere Of The Asylum's 'Sharknado 3: Oh Hell No!' at iPic Theaters on July 22, 2015 in Los Angeles, California. (Photo by Steve Granitz/WireImage)
LOS ANGELES, CA - JULY 22: Political commentator and author Ann Coulter arrives at the premiere of 'Sharknado 3: Oh Hell No!' at iPic Theaters on July 22, 2015 in Los Angeles, California. (Photo by Gregg DeGuire/WireImage)
BEVERLY HILLS, CA - JULY 15: Political Commentator Ann Coulter and actor Evan Henzi attend AN OPEN SECRET Los Angeles Premiere on July 15, 2015 in Beverly Hills, California. (Photo by Michael Bezjian/Getty Images for Platform Media Group)
BEVERLY HILLS, CA - JULY 15: Commentator Ann Coulter attends the Los Angeles premiere of Amy Berg's 'An Open Secret' at Writers Guild Theater on July 15, 2015 in Beverly Hills, California. (Photo by Vincent Sandoval/WireImage)
NEW YORK, NY - JUNE 25: Director Matthew Heineman and Ann Coulter attend The Orchard And The Cinema Society Host A Special Screening Of 'Cartel Land' after party at Tribeca Grand Hotel on June 25, 2015 in New York City. (Photo by Dimitrios Kambouris/Getty Images)
Author Ann Coulter speaks during an address to the 39th Conservative Political Action Committee February 10, 2012 in Washington, DC. AFP PHOTO/Mandel NGAN (Photo credit should read MANDEL NGAN/AFP/Getty Images)
Ann Coulter speaks during Politicon at the Pasadena Convention Center in Pasadena, California on July 29, 2017. Politicon is a bipartisan convention that mixes politics, comedy and entertainment. (Photo by: Ronen Tivony) (Photo by Ronen Tivony/NurPhoto via Getty Images)
PASADENA, CA - JULY 29: Ann Coulter (L) and Greg Proops speak during their appearance at Pasadena Convention Center on July 29, 2017 in Pasadena, California. (Photo by Michael Schwartz/Getty Images)
THE VIEW - Ann Coulter is the guest, Monday, May 1, 2017 on ABC's 'The View.' 'The View' airs Monday-Friday (11:00 am-12:00 pm, ET) on the ABC Television Network. (Photo by Paula Lobo/ABC via Getty Images) WHOOPI GOLDBERG, SUNNY HOSTIN, JOY BEHAR, ANN COULTER, SARA HAINES, JEDEDIAH BILA
PASADENA, CA - JULY 29: Ann Coulter (L) and Greg Lewis at Politicon at Pasadena Convention Center on July 29, 2017 in Pasadena, California. (Photo by John Sciulli/Getty Images for Politicon)
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