IRS to Ban Hedge-Fund Tax Dodge on Carried Interest

Photo of IRS to Ban Hedge-Fund Tax Dodge on Carried Interest
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Steven Mnuchin, U.S. Treasury secretary, listens to a question during a discussion at the Independent Community Bankers of America (ICBA) capital summit in Washington, D.C., U.S., on Wednesday, May 3, 2017. Mnuchin said this week the first ultra-long bond issuance could absolutely make sense to help finance the U.S. government, while indicating hed be reluctant to swell the federal budget deficit to pay for planned infrastructure investment.

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