Sen. Kyrsten Sinema agreed to the Inflation Reduction Act but cut the carried interest tax provision — here's what that means for wealthy investors
added a caveat to the loophole through a three-year holding period, which means that private equity funds have to hold on to their portfolio companies for at least three years before cashing out.
Still, the carried interest tax provision is a relatively small part of the Inflation Reduction Act. Lawmakers estimated the provision would generate about $14 billion over the next 10 years, compared to the total $790 billion they said would be produced as a result of the bill.y that the bill still involves a new hard minimum on the taxes that America's largest corporations have to pay.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Kyrsten Sinema agrees to compromise on inflation billSen. Kyrsten Sinema agreed Thursday night to “move forward” with her fellow Democrats on the scaled-back Inflation Reduction Act that another holdout Democrat, Sen. Joe Manchin, agreed …
Leer más »
Arizona Sen. Kyrsten Sinema Agrees To Back Inflation Reduction ActSen. Kyrsten Sinema (D-AZ) agreed Thursday night to “move forward” on the Inflation Reduction Act, clearing the way toward a potential passage of the spending bill if another holdout Democrat does …
Leer más »
Sen. Kyrsten Sinema agrees to 'move forward' on Inflation Reduction Act, giving Senate Democrats final hold-out voteSen. Kyrsten Sinema, D-Ariz., said she would 'move forward' on a sweeping package of initiatives to combat climate change, lower drug prices and pare back the deficit, giving Senate Democrats the votes they need to pass the Inflation Reduction Act.
Leer más »
Sen. Kyrsten Sinema agrees to 'move forward' on Inflation Reduction Act, giving Senate Democrats final hold-out voteThe Arizona Democrat's support paves the way for a long-awaited party-line Senate vote to pass key pieces of President Joe Biden's agenda.
Leer más »
Sen. Sinema agrees to 'move forward' on Democrats' energy, drugs billU.S. Senator Kyrsten Sinema said in a statement on Thursday night she has agreed to 'move forward' on Democrats' climate, tax and healthcare legislation.
Leer más »
Sinema Wants to Prevent Closure of Tax Loophole for Rich in Reconciliation BillTrue to her funders, Sen. Kyrsten Sinema is pushing Wall Street interests in relation to the reconciliation package.
Leer más »