Wyden, Whitehouse, King Lead Colleagues to Introduce Bill to Ensure Hedge Fund Managers Pay Fair Share in Taxes
Press Release
Issues: Taxes
"Wealthy hedge fund managers and private equity executives exploit the carried interest loophole to skip out on paying their fair share. Financiers shouldn't be able to pay lower rates than hardworking middle-class Americans. We can make the tax code fairer for everyone by striking the carried interest loophole and passing my Buffett Rule legislation to ensure the highest earners pay at least a 30 percent effective tax rate."
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