Annie Pulley

1 week ago | civicmedia.us | Annie Pulley |Lucas Hunt |Jo Ann Krulatz |Jimmie Kaska

Wisconsin Sen. Tammy Baldwin joined nine other Senate Democrats urging President Donald Trump to revive his 2016 campaign promise and pressure the GOP congressional majority to close a loophole in the tax code that’s been a long-time boon to Wall Street fund managers. Using this carried interest loophole, investment fund managers pay a significantly lower tax rate on the profits they earn from managing investment funds like private equity, venture capital and hedge funds.