Reported about 4 hours ago
The American Investment Council opposes President Trump's plan to close the carried-interest tax loophole, which allows private equity and hedge fund managers to pay lower capital gains taxes. The council argues that maintaining this loophole fosters long-term investment and economic growth, having contributed over $5.6 trillion to the U.S. economy and supported thousands of small businesses since Trump's 2017 tax overhaul.
Source: YAHOO