Trump looks to end a controversial tax loophole that has enriched Wall Street’s wealthiest for years
A little-known provision in the tax code allows private equity managers and hedge fund speculators to treat their earnings ...
The Financial Times22d
Hedge fund managers pocket almost half of investment gains as fees
Simply sign up to the Hedge funds ... the manager passes on all costs to their end investors instead of taking an annual management fee. That can cover office rents, technology and data, salaries ...
Trump wants to end a popular Wall Street tax break. What to know about the 'carried interest loophole'
President Donald Trump has renewed calls to end a popular Wall Street tax break. The "carried interest loophole" refers to favorable tax treatment for certain compensation received by private equity, ...