Reader Marcus Choudhary has urged me to mention, amid all this talk about the sweet tax deal that private equity firms and private equity partners get, that corporate tax rates in the U.S. are pretty high. So if the folks at the House Ways and Means and Senate Finance committees really want to make our [...]
Goldman Sachs CEO Lloyd Blankfein says it’s “emotion” that’s driving the Congressional push to change the tax treatment of private equity: “Right now, sentiment is what is really transcendent,” Mr Blankfein said in an interview with the Financial Times. “But as you get into the consequences . . . for competitiveness and fairness . . [...]
