It's time we recognize the singular importance of carried interest to economic progress and cease penalizing it altogether.

President Donald Trump has proposed ending a tax break used by private equity fund managers known as the carried-interest ...

The president wants to raise taxes on private equity profits to help pay for populist campaign promises like eliminating taxes on overtime, tipped income and Social Security benefits.

Private equity (PE) refers to investment funds that buy and manage private companies, aiming to improve their value before ...

As part of his administration's changes to tax policy, President Trump is taking aim at the carried interest tax loophole, ...

During a meeting on Feb. 6, President Donald Trump told Republican lawmakers that he is prioritizing ending a tax break popular among investment fund managers. The same day, a group of more than a ...

For years, critics have called for the abolition of the carried interest tax break, which reduces the taxes that venture capital and other investment managers pay on their cut of returns.

This Congress is more willing to fall in line with his demands.

Republicans are considering repealing the carried interest tax break for private equity firms and hedge funds at the urging of President Trump, who wants to make his tax agenda look more egalitarian.

Globally, private equity is expected to double its current assets under management (AUM) to US$12 trillion by the end of 2029, driven in large part ...

BlackRock Inc. awarded Chief Executive Officer Larry Fink additional pay perks known as carried interest tied to the asset manager’s major expansion in private markets, saying the co-founder has a key ...