Thanks to the carried interest loophole, investment fund managers are taxed at a lower rate than other workers.
Thanks to the carried interest loophole, investment fund managers are taxed at a lower rate than other workers.
Passed by the U.S. Senate, the measure now goes to the U.S. House, where its passage is uncertain.
The Democrat from Madison is just barely a millionaire, and in the middle of the U.S. Senate in terms of personal wealth. She avoids potential conflicts of interest by making a voluntary choice regarding her finances.
Steil may be prepping for a tougher reelection if his district becomes more competitive, experts say. And it’s unknown who owns website names like BryanSteilforSenate.com and MikeGallagherforSenate.com.