Why Obama’s Budget Eliminates The Carried Interest Tax Loophole

Why Obama’s Budget Eliminates The Carried Interest Tax Loophole: pThe budget President Obama released this week is aimed at fostering a long-term fiscal compromise with congressional Republicans, but it still includes some of the president’s priorities, including new revenues to help bring more balance to the overall deficit reduction efforts he and Congress have already made. The budget seeks $580 billion in revenues generated [...]/p