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Trump’s Carried Interest Crusade against Private Equity
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Subscribe07 FEB 2025 / ACCOUNTING & TAXES
Former president Donald Trump is revisiting his stance on the carried-interest tax loophole, a move that could potentially impact the private equity and hedge fund industries. Trump's tax reform plans, which include closing the carried-interest loophole and eliminating tax breaks for billionaire sports team owners, could reshape US taxation debates ahead of the 2024 elections, inciting opposition from private equity leaders who argue the reforms could harm smaller investors.
Donald Trump is reigniting a long-standing battle on Wall Street. The former president has once again set his sights on eliminating the carried-interest tax loophole - a move that could disrupt the private equity (PE) and hedge fund industries while...
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