Legislation seeks to close carried interest tax loophole
Senator Ron Wyden led the introduction of a bill targeting tax breaks for hedge fund managers and private equity executives.
Mixed
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.
Discussion
What's your take?
Loading comments...