President Donald Trump has called for raising taxes on carried interest, a form of income earned by hedge funds and private equity. Trump and other critics, generally liberal Democrats, maintain that ...

Carried interest is generally a percentage of the profits generated by a hedge fund or private equity fund. It is what the managing partner receives as part of their compensation. Carried interest is ...

(Bloomberg) -- One of the most controversial loopholes in a tax code full of them is under threat again. During a meeting on Feb. 6, President Donald Trump told Republican lawmakers that he is ...