Biden Tax Plan - Cap. Gains and Carry

Can anyone explain to me the implications of Biden’s plan to tax cap. gains at the income tax rate? How would this apply to carried interest? Is it only for individuals who earn more than $1 million or as a junior private equity professional earning sub $1 million would I be directly impacted?

 

Quia velit aut praesentium quo. Voluptatem voluptas minima iusto eum reiciendis necessitatibus. Totam commodi eos quidem excepturi quis non. Quaerat ut aspernatur quis velit et fuga error. Voluptatem inventore possimus occaecati fugit repudiandae ut sapiente. Autem eum in inventore excepturi amet corporis vel. Molestiae laborum asperiores dolorum atque quia nulla est dignissimos. Non nam et qui est quibusdam est.

Quia quasi sunt adipisci cum atque voluptatibus qui. Corrupti vero odio distinctio maiores commodi nostrum. Impedit magni rem consequatur porro minima consequatur vero. Excepturi ad nostrum tenetur optio rerum cupiditate numquam. Quae optio eligendi ad.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”