Senate Democrats passed historic climate, healthcare and tax legislation on Sunday. The bill now heads to the House. An initial draft of the Inflation Reduction Act would have tweaked the taxation of ...
President Donald Trump has called for raising taxes on carried interest, a form of income earned by hedge funds and private ...
“Carried interest” is extraordinarily misleading. It implies a fixed and very certain income stream in the way that interest bearing accounts at banks do. Which is the problem. Carried interest is the ...
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