Carried Interest In The News Again
The Institute for Policy Studies and United for a Fair Economy have issued a report titled Executive Excess 2008: How Average Taxpayers Subsidize Runaway Pay which puts the cost of the "carried interest" tax break at $2.6 billion annually.
With the populist economic agendas of Obama and Biden at the forefront of our national debate, there is almost certain to be more legislative action on this front. We will keep you posted.
