Judd Legum

@JuddLegum ↗

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Last Checked Aug. 29, 2022

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Thu Sep 09 12:49:46 +0000 2021

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Judd Legum @JuddLegum

5. Why would private equity managers pass on profitable deals because of a higher tax rate? Then the study assumes that 20% of businesses that get PE funding will not get it, not find alternative funding, and go out of business https://t.co/l7Qo1nXKVZ — PolitiTweet.org

Posted Sept. 9, 2021 Hibernated

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Judd Legum @JuddLegum

4. Closing the loophole would mean billionaire private equity managers would pay a rate of about 39% instead of 23%. The @USChamber study says, as a result, there would be about 20% less private equity activity. This makes no sense. https://t.co/l7Qo1nXKVZ — PolitiTweet.org

Posted Sept. 9, 2021 Hibernated

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Judd Legum @JuddLegum

6. Then the study assumes that none of the people who lost jobs from these shuttered companies will get new jobs. It’s pure propaganda that ignores basic economics, brought to you by corporate America All to preserve a grossly unjust tax loophole https://t.co/l7Qo1nXKVZ — PolitiTweet.org

Posted Sept. 9, 2021 Hibernated