Sen. Sinema’s bill to stop a seemingly arcane business tax increase that was enacted as part of the 2017 Trump tax law would be hugely beneficial to the private equity industry.
private equity
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blog September 15, 2023 Kyrsten Sinema’s Latest Fight to Protect Tax Breaks for Private Equity
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blog December 6, 2022 Reversing the Stricter Limit on Interest Deductions: Another Huge Tax Break for Private Equity
Private equity is doing fine on its own and does not need another tax break. Congress should keep the stricter limit on deductions for interest payments —one of the few provisions in the 2017 tax law that asked large businesses to pay a little bit more.