The latest effort to narrow the preferential tax treatment used by private equity executives failed after Senator Kyrsten Sinema objected.
The Carried Interest Loophole Survives Another Political Battle
American Investment Council Capital Gains Tax Executive Compensation Hedge Funds Income Tax Inflation Reduction Act of 2022 Law and Legislation Manchin, Joe III Private Equity Schumer, Charles E Sinema, Kyrsten Tax Credits, Deductions and Exemptions Taxation United States United States Politics and Government
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