Private equity investors already receive special tax treatment o

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Wildwood - Private equity investors already receive special tax treatment on their earnings, under what is known as the carried interest loophole. Much of their income is taxed at 20%, far below the 37% maximum paid by high-earning salaried workers. Initially, the Inflation Reduction Act of 2022, which just passed the Senate, had narrowed the loophole’s benefits, but the change disappeared at the insistence of Kyrsten Sinema, the holdout Democratic senator from Arizona

Print Publication Date: 
8/17/2022