EXCLUSIVE — Sen. Tammy Baldwin (D-WI) filed an amendment Monday during a marathon voting session on President Donald Trump’s tax cut and spending bill to close the carried interest “loophole” for ...

Rachel Reeves went into the 2024 general election promising to close the “carried interest loophole” long-enjoyed by “asset stripping” private equity executives. So far, though, the sector has escaped ...

(Bloomberg) -- Despite President Donald Trump’s monthslong advocacy for eliminating the carried interest tax break, one of the most controversial loopholes in the US tax code remains unchanged in the ...

President Donald Trump’s One Big Beautiful Bill Act became U.S. law as of July 4, and my ongoing aspiration to achieve a life of luxury meant I couldn’t help but wonder how the legislation would ...