In fairness to the hedge fund manager, it may be a 12 million-way tie.
A Goldman partnership will not only bring precedence, but also the wealth that others associate with it.
The loophole in the carried-interest loophole is closed, for now.
What are you guys even paying for?
Steve Mnuchin is what happens when a lady falls in love with a pass-through security.
And you won't be able to take cover in CT!
But only if you're among the poorest Americans.
Most of them can't even get their panties in a bunch over the guy anymore!
Leveraged buyout and venture capital firms are steaming over a new carve-out provision for family farms inserted at the last minute into the carried interest tax hike that passed the House at the end of last month.
For over three years, the private equity industry’s main lobbying group successfully fought against moves to increase taxes on carried interest. Then, Max Baucus and Sander Levin had to go screw it all up yesterday by slipping carried interest legislation into a big tax and spending bill.
A new proposal to tax carried interest as ordinary income was just attached to a larger tax and spending bill that could be voted on by the House as early as tomorrow.