WASHINGTON, D.C. — Today, Dr. Charles Swenson of the University of Southern California’s Marshall School of Business released a study analyzing the economic effects of a proposal to increase the carried-interest capital-gains tax rate in New York. Dr. Swenson finds that imposing such a massive tax would: Cause an exodus of the private funds industry from […]

WASHINGTON, D.C. – Today, American Investment Council President and CEO Drew Maloney issued the following statement regarding legislation proposed by Sen. Tammy Baldwin (D-WI) and Rep. Bill Pascrell (D-NJ) that would change the treatment of carried interest in the tax code: “Sen. Baldwin and Rep. Pascrell’s discriminatory tax increase has been rejected repeatedly by economists, […]

WASHINGTON, D.C. — Today, the American Investment Council released its 2018 Q4 Industry Investment Report showing that private equity invested $331 billion into U.S. businesses over the course of 2018. This represents a $26 billion increase from 2017, when private equity invested a total of $305 billion in the American economy. The top three sectors […]