Ashley Hinson Fought to Save Private Equity’s Favorite Loophole
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On her campaign website, Rep. Ashley Hinson, the Republican nominee in Iowa’s toss-up US Senate race, says she’s “laser focused on lowering taxes on working families.” In Washington, she’s tackled a different project: Saving private equity’s favorite tax break.
The carried interest loophole, which allows private investment managers to save billions of dollars each year by paying a markedly lower tax on much of their income than many less-affluent Americans, is one of the few things that Barac
The carried interest loophole, which allows private investment managers to save billions of dollars each year by paying a markedly lower tax on much of their income than many less-affluent Americans, is one of the few things that Barac
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