Legislation seeks to close carried interest tax loophole
Senator Sheldon Whitehouse joined his colleagues in introducing the Ending the Carried Interest Loophole Act.
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tl;dr
Senators Ron Wyden, Angus King, and Sheldon Whitehouse introduced the Ending the Carried Interest Loophole Act to tax hedge fund and private equity compensation at ordinary income rates rather than lower capital gains rates.
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ASAngus S. King, Jr.I-Maine
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