Economic Reports

 

In today's political climate leading up to the 2008 elections, a number of presidential candidates and members of Congress have singled out private equity sponsors, venture capital funds, hedge funds and other businesses organized using limited partnership agreements for punitive attention. They are proposing more than a doubling of income tax rates on so-called 'carried interest' from capital gains rates to ordinary income levels.

 

The Chamber would like to better understand how carried interest affects the US economy as a whole and how different sectors and industries may be impacted by the proposed tax increase. The Chamber approached Rutledge Capital to conduct a study of these issues.