The latest effort to narrow the preferential tax treatment used by private equity executives failed after Senator Kyrsten Sinema objected.
Tag: Tax Credits, Deductions and Exemptions
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Carried Interest Is Back in the Headlines. Why It’s Not Going Away.
Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.
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Biden’s Climate-Change Bill Won’t Tax the Middle Class
No, Biden’s climate-change bill won’t tax the middle class.
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Newsom Asks Hollywood to Stop Filming in Conservative States
The California governor says film companies should “walk the walk” on abortion rights and L.G.B.T.Q. protections by leaving states such as Georgia and Oklahoma.
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Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible
Despite Republican claims, the new legislation would be only a modest corporate tax increase, Congress’s Joint Committee on Taxation found.