VCs’ carried interest is safe for now, preserved in a new tax bill released today

The House tax bill released earlier today has something for VCs (and private equity folks, and hedge fund managers) to celebrate: it doesn’t touch the carried interest tax break that both Donald Trump and Hilary Clinton vowed to do away with on the campaign trail last year. Carried interest is the percentage of a fund’s profit — usually a 20 percent share but sometimes up to… Read More