U.S. Sen. Baldwin: Leads colleagues on bill to close tax loophole and make Wall Street pay its fair share

Loophole allows investment managers to often pay almost half the tax rate compared to most other Wisconsin workers WASHINGTON, D.C. – Today, U.S. Senator Tammy Baldwin (D-WI) led thirteen of her colleagues in introducing the Carried Interest Fairness Act to eliminate a tax loophole that benefits wealthy money managers on Wall Street. The current carried interest loophole allows inve...