Icahn endorses Trump for president, criticizing the “dysfunction that is going on both in Washington and the boardrooms of corporate America” and cites the U.S. Congress for failing to reform taxes or immigration. He backs Trump’s calls to strike tax deals to encourage corporations to bring back overseas profits and stay based in the U.S.; to end the carried interest tax discount for hedge fund and private-equity managers; and says the Federal Reserve is overdue in beginning to raise interest rates.
You have this movement toward a guy like Donald Trump, because you want someone that’s not beholden to an establishment. So we need a president that can move Congress and I think Donald Trump could do it. I disagree with him on certain issues, and certainly would talk to him more, but this is what this country needs — somebody to wake it up.