Higher carried interest taxes still on table


In this political climate, it's a wonder that tax rates on carried interest at private equity firms have not been raised. But no one in the industry is betting that such tax changes are not still possible. Bloomberg reports, "Congress faces a series of deadlines in the next few months over spending cuts, the debt ceiling and the annual budget. Democrats including President Barack Obama want to raise more revenue, and carried interest is an obvious candidate."  The industry is gearing up for another fight. Article

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