David Camp’s Tax Reform Plan Sets Sights On Private EquityMani
David Camp's plan contemplates a cut in the top corporate income tax rate to 25% from 35%, while targeting big banks.
However, private equity executives seem confident that tax changes won’t be imminent.
Sweeping tax reform
Rep. Dave Camp (R-MI), chairman of the House Ways and Means Committee, Wednesday proposed a sweeping personal and business tax overhaul, including changes to how carried interest is treated. The proposed bill also includes a revival of the so-called enterprise tax, which would treat publicly . . .
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