The carried interest debate that nobody gets, hello, P/E companies are not public, have no access to stock options. This is a mechanism to pay members to raise capital. Where does this capital end up? Investing in business, start ups, mezzanine rounds, IPOs , etc.
Increasing the tax from 23.6% to 43.3%, seriously, do people and their companies not want liquidity.
They debate this tax benefit goes to billionaires, hello, work in the real world and stop reading Google.
P/E companies are not spending the tax benefits, I have a P/E client that is trying to cut audit costs, lol. They are not spending investment and pass through cash flow, they are investing it.
People need to stop bull chitting