IBD is the top career now (post normal tax on carry)?
Post the bill being passed taxing carry as normal income, this reduces PE / HF relative appeal over IBD esp from a comp perspective.
What are people's thoughts on this - will IBD be the most lucrative career now?
Hope that bill doesn’t go through. Save us Sinema!
Only going to raise $14 billion in tax revenue over a decade? Also thought this bill tried to extend holding period from 3 to 5 years to realize lower tax rate? Interested to see how Sinema feels on this
Curious to hear thoughts on this. Is this enough to actually swing the pendulum?
bump - need more thoughts on this topic
BUMP
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