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Justice

(7,188 posts)
Thu Dec 21, 2017, 12:03 PM Dec 2017

Private Equity shoveled $$ to GOP elected officials to preserve carried-interest loophole


Seems very swampy to me.

http://www.foxbusiness.com/politics/2017/12/20/money-talks-blackstone-carlyle-kkr-dial-up-donations-to-key-gop-lawmakers-as-tax-bill-protects-carried-interest-loophole.html

"If you want to know how one of Wall Street’s biggest players managed to keep a massive and controversial loophole in the GOP tax bill, just follow the money.

The $2.5 trillion private equity business, comprised of Wall Street behemoths Blackstone Group (BX), Carlyle Group (CG) and KKR & Co. (KKR), funneled massive amounts of campaign cash into the coffers of Republican leaders in the House and the Senate as these same lawmakers voted for a tax bill that preserves the so-called carried interest loophole, campaign contribution documents reviewed by FOX Business show."
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