Wednesday, April 26, 2017

Trump Tax Reform Impact on Carried Interest?

BusinessInsider reported on President Trump's tax reform plan:

An open question is what kind of treatment will be given to so-called carried interest. That allows managers to pay a tax rate as low as 20 percent, a loophole that Trump has railed against in the past. 
Government of and by the private equity underwriter (PEU) will be hard pressed not to advantage themselves yet again.