tax loopholes

Carried Interest Will Not Go Away

December 26, 2017 James Heinsman In the News

Despite the best efforts of the White House and outspoken economists, the notorious tax loophole for the rich known as Carried Interest is still part of the tax code. The administration’s chief economic advisor, Gary Cohn, explained that the White House tried tirelessly to erase this hedge-fund loophole in the tax reform bill. Getting rid […]

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Senator Wyden Seeking to Close Hedge Fund Tax Loophole

June 30, 2015 Debbie Jacobs Hedge Fund News

Former chairman of the Senate Finance Committee Ron Wyden introduced a proposal to put an end to Hedge Fund tax evasion through what he says is the illegitimate use of a loophole in the tax code. Apparently some hedge funds have been able to avoid paying taxes on their profits for several years utilizing a […]

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