Camp Hits Carried Interest in Tax Plan With Wall Street in Focus
Posted February 25, 2014, 10:29 P.M. ET
The top Republican tax writer in Congress will lean on the financial industry with his planned revamp of the U.S. code,
changing the treatment of carried interest and imposing a levy on the assets of banks and insurers.
House Ways and Means Committee Chairman Dave Camp (R-Mich.) is to unveil the proposed tax code changes Feb.
26 that also include revisions that affect how investment fund managers' compensation is taxed. He offered a preview
tonight using rhetoric that in part echoes President Barack Obama's own calls to change tax laws.
***********************************************************
Source: House Oversight Committee release, November 2025