
Private equity pulled off another last-second win. Again.
Despite massive tax cuts for billionaires and exploding public spending on militarized enforcement, we still couldn’t close one of the most notorious loopholes in the tax code, carried interest.
Why? Because private equity’s lobbyists showed up with everything they had, and they always do. This isn’t just about money. It’s about power. And they know the carried interest loophole is one of their most powerful tools for staying rich, unaccountable, and in control.
But this fight is not over. Americans for Financial Reform has beaten them before, and we’re going to beat them again.
We helped pass the CFPB. We’ve cracked down on junk fees and hidden costs. We’ve exposed and challenged private equity’s brutal assault on health care, housing, and jobs. And we’ve done it all by supporting grassroots power, running smart campaigns, and refusing to back down.
To win the next fight, we need you with us.
Contribute to Americans for Financial Reform and fund the fight to eliminate the carried interest loophole and hold private equity accountable once and for all.