Neal’s Reconciliation Plan Lets Investment Managers Keep Their Tax Loophole
Richard Neal supported closing the carried interest loophole in 2007, then began receiving more donations from the securities and investment industry.
Richard Neal supported closing the carried interest loophole in 2007, then began receiving more donations from the securities and investment industry.
The Biden administration and Senate Democrats' $3.5 trillion spending plan would have a net cost of $1-1.75 trillion over 10 years, budget groups say, less than the costs of the Trump tax cuts of 2017.