Survival Of The Carried Interest: Reform To The Private Equity Model Has Been Voted Away Again

The carried interest has managed to survive another round of attempted reform. The Inflation Reduction Act of 2022 was passed by the Senate on Aug. 7, 2022, without its proposed modifications to carried interest rules. The last minute removal came down to a decision by Senator Krysten Sinema, whose vote was necessary to pass the bill in a divided Senate. READ MORE