Today, the American Investment Council (AIC) released its annual Top States and Districts Report, which ranks the diverse communities across the country that received the most private equity investment. Texas took the top spot, with private equity investing $111 billion in 482 Texas-based businesses in 2018 alone. California followed in a close second, with 665 Golden State businesses receiving […]

Today, Fox Business published an op-ed penned by Steve Forbes urging Congress to reject legislation introduced last month that would punish investment by changing the treatment of carried-interest capital-gains in the tax code. Read the full op-ed here. Hiking the tax on carried interest capital gains is a lose, lose, lose Fox Business By Steve Forbes April 17, […]

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 […]