Sep
14
The Surprising Target of Jeb Bush’s Tax Plan: Private Equity
By
Jeb Bush has called for raising taxes on carried interest and eliminating companies’ ability to deduct the cost of interest payments. CreditGretchen Ertl/Reuters
Earlier this year, Henry R. Kravis, the private equity investor, held a $100,000 a plate fund-raising dinner for Jeb Bush at his Park Avenue apartment in Manhattan. The guest list was a who’s who of private equity and real estate executives, including Jerry I. Speyer, the billionaire New York property owner.
The dinner raised more than $4 million.
That’s why Mr. Bush’s tax reform plan — unveiled last week and a likely topic of discussion at Wednesday night’s Republican debate — was such a surprise…
The Surprising Target of Jeb Bush’s Tax Plan: Private Equity
