Another Carry-Interest Carveout – WSJ

Another Carry-Interest Carveout - WSJ

Whenever a tax hike is announced, reach for your stopwatch: It usually doesn’t take long for politicians to make exceptions for friends and donors. So it is with the so called action on interest.

As we said Tuesday, House Democrats chose to amend rather than eliminate this tax benefit for some types of private equity and real-estate investments, despite years of uproar about it. The draft Ways and Means tax bill requires a holding period of only five years instead of three years to receive favorable tax treatment.

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