Semafor shared the headliners for their upcoming World Economy Summit. Three are private equity underwriters (PEU) while the fourth is a hedge funder. All receive preferred carried interest taxation from Uncle Sam. Also, all are policy making billionaires, thus they have an outsized impact on government policy, including tax rates.
Yes, Timmy, politicians Red and Blue love PEU and increasingly, more are one. It's the Red Team's turn to steer Uncle Sam's wallet to their friends. Making the world a better place for one billionaire at a time...
