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#USprivateequity has increasingly monopolized industries through the practice of “roll ups,” acquiring many small local firms & rolling them into one larger firm, giving them power to simultaneously raise prices & lower quality, a practice especially problematic in healthcare industries,

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Donald Trump seeks to close tax loophole enjoyed by private equity groups US president tells lawmakers he wants to strike ‘carried interest’ rule used by leading financiers

Slightly surprised to see PE income treatment in Trump’s crosshairs…🤔

#CarriedInterest #USPrivateEquity

“Donald Trump seeks to close tax loophole enjoyed by private equity groups” on.ft.com/42HcAvb

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