Posted inOpinion

IVORY: Don’t Raise Taxes on the Investments Black-Owned Businesses Depend On

Regrettably, just as we are starting to rebuild from the COVID-19 pandemic, some members of Congress are proposing a misguided business investment tax (H.R. 1068 and S.1598) targeting carried interest that would make it harder for Black-owned businesses to receive the critical private investment they need to recover and succeed in the times ahead.