The Democratic effort to raise revenue for a jobs bill by closing a tax loophole that benefits money managers is running into opposition within the party itself as details are being worked out.
The carried interest loophole is a special tax deal for executives of investment partnerships, including real estate, private equity and some hedge funds
Source:
http://www.huffingtonpost.com/2010/05/19/dems-fighting-over-tax-lo_n_581711.html
