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Biden budget

Neal’s Reconciliation Plan Lets Investment Managers Keep Their Tax Loophole

By Donald Shaw,

Published on Sep 14, 2021   —   1 min read

Brick House Cooperativebudget reconciliationCongressHouse DemocratsInfluencereconciliation planRichard Nealtax policytaxesU.S. HouseWays and Means Committee

Summary

Richard Neal supported closing the carried interest loophole in 2007, then began receiving more donations from the securities and investment industry.

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Author profile

Donald Shaw

Donald Shaw is a journalist based in rural Western Massachusetts.

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