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Author: anonymous Hipster

Why Congress Refuses to Close the Carried Interest Loophole

Posted on May 22, 2025May 22, 2025 by anonymous Hipster

Both Democrats and Republicans love to talk about closing tax loopholes for the rich. But when it comes to the carried interest loophole, the silence is bought and paid for. Hedge fund managers rake in billions thanks to this tax break — and in return, they donate millions to keep it alive. Even when Democrats…

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