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‘We expect it to be removed’: Democrats’ push to close ‘carried interest loophole’ in jeopardy as Sinema seeks to block effort

·3 min read
‘We expect it to be removed’: Democrats’ push to close ‘carried interest loophole’ in jeopardy as Sinema seeks to block effort

Measure to hike taxes on wealthy by $13 billion by taxing carried interest as income rather than capital gains seems doomed without Sen. Sinema's support.