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Carried interest is the portion of an investment fund’s return — usually 20 percent — that’s paid to investment managers.

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published Nov 9, 2017, 9:19:42 PM, by Bloomberg News (Bloomberg) —It was crunch time for Republican tax-writers on Thursday. The House Ways and Means Committee completed its tax-cut legislation and sent it on its way to the full House, while a Senate panel began revealing details of its own version.

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