This private equity tax loophole is 'an easy target' for Trump
As part of his administration's changes to tax policy, President Trump is taking aim at the carried interest tax loophole, which is often used by private equity and hedge fund managers. Thomas H. Lee Partners co-CEO Scott Sperling joins Morning Brief with Seana Smith and Brad Smith to share his read on the private equity space.
Donald Trump seeks to close tax loophole enjoyed by private equity groups
Karoline Leavitt, the White House press secretary, told reporters that Trump had “laid out” his “tax priorities” to the lawmakers, including measures to “close the carried-interest tax deduction loophole”, eliminate tax breaks for “billionaire sports-team owners” — and deliver on campaign promises such as eliminating income tax on tips.
President Donald Trump said his budget priorities include ending the low tax rate enjoyed by private-fund managers on their ...
President Donald Trump is once again saying he wants to end a tax perk used by private equity fund managers, a policy feat that politicians have tried and failed to achieve for more than a ...
President Donald Trump aims to end the carried interest tax loophole, popularly utilized by private equity and hedge fund ...
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