Carried Interest Survives House But the Fight Is Not Over

This article was originally featured on Globe St. and can be found on their website here. (note: subscription may be required to view article)

Javier Palomarez, President & CEO of the United States Hispanic Business Council (USHBC), is featured in a recent GlobeSt.com commenting on the ongoing debate surrounding the carried interest tax loophole, an issue that has long sparked calls for reform but continues to survive due to powerful lobbying interests.

In the article, Palomarez stated: “Efforts by Presidents Trump, Biden, and Obama to end the carried interest loophole have repeatedly failed, reflecting the sustained influence of lobbying by private equity and venture capital interests.”

Read the Full Article

To read more visit the original article on GlobeSt.com (note: subscription may be required).

At the USHBC, we remain committed to advocating for policies that empower Hispanic business owners and contribute to the strength of the American economy. We encourage you to stay informed on issues that impact our business community and to join us in supporting smart, sustainable economic policies.