Mar
06
New York Legislators Plan to Introduce Measure on Carried Interest Tax
ByA coalition of progressive groups is starting a state-level campaign to close the so-called carried interest loophole, which allows fund managers to pay a substantially reduced federal tax rate on much of their income.
Two New York State assemblymen plan to introduce a bill on Monday that would raise taxes on state residents who benefit from the lower rate, to precisely offset the tax savings they receive at the federal level…
New York Legislators Plan to Introduce Measure on Carried Interest Tax
