Cerberus Capital Management

Ways and Means Chairman Proposes Carried Interest Reform That Private Equity Lobbying Defeats

2014-02-26 00:00:00 +0000 UTC | Importance: 8/10

House Ways and Means Committee Chairman Dave Camp (R-MI) released comprehensive tax reform draft legislation proposing to raise the tax on carried interest from 23.8% to 35%, effectively closing one of the most notorious tax loopholes benefiting private equity and hedge fund managers. Carried …

Dave Camp House Ways and Means Committee Carlyle Group Cerberus Capital Management Managed Funds Association regulatory-capture tax-policy lobbying private-equity congressional-corruption