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The Tax Loophole That Won’t Die
The Daily
Carried Interest Deductions Are Perverting the Tax System
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Andrew Keen: I was talking to some folks in the private equity industry about taxes. He says they were paying 20% lower than everybody else, and he thought public would be outraged. A professor had written an academic paper on it that started to get passed around D.C., Keller writes. The fight over carried interest has been taking place practically ever since, she says.
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