Chamber of Commerce goes to battle against tax proposal

New carried interest tax could cost 4.9m jobs: US Chamber of Commerce

Carried interest: The Biden administration’s proposal to increase tax on carried interest would result in major job losses, failures of PE and VC-backed companies and a shrinking of the industry, according to the US Chamber of Commerce. Jack Willoughby takes a look at the claims made by the organization.

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Email prepared by Graham Bippart