Wall Street Prepares to Defend a Favored Tax Break, Again


President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.


By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Edmund Lee | NYTimes Business Day | Disclosure

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