Author

Brian Wakamo

Brian Wakamo

Brian Wakamo is an Inequality Research Analyst at the Institute for Policy Studies and a co-editor of Inequality.org. This op-ed was adapted from Inequality.org and distributed by OtherWords.org.

COMMENTARY

Private equity executives often pay lower tax rates than the employees they eliminate

By: - October 4, 2021

The multi-trillion-dollar budget reconciliation bill moving through Congress represents an enormous opportunity to invest in unmet human and environmental needs. It’s also the best chance we have to close loopholes that help the wealthy avoid their fair share of taxes. One of the most extreme is the so-called “carried interest” loophole. This allows wealthy private […]