Notably absent from the revenue component of the bill is a hike in the tax rate on carried interest, the income stream for financial managers. Democrats have long targeted a change in that rate but top officials in the party have been wary of tackling it in the context of sequestration negotiations. That said, an aide did not rule out the possibility of it being brought up in future discussions.
didnt know that has no effect on BX performance and stock price..thanks..
Sentiment: Strong Buy