Monday, March 14, 2016

RUBIO’S FUND-RAISER IS BLACKSTONE LOBBYIST

“The easiest way to close the loophole would be to equalize the rates on capital gains and regular income, as was done in 1986, but this would encounter staunch Republican opposition in a legislative fight. Marco Rubio, whose chief campaign fund-raiser is Wayne Berman, now the head of Blackstone’s in-house
lobbying operation, is proposing to do away with capital-gains taxes altogether.”



Alec MacGillis, “The Billionaires’ Loophole,” New Yorker, March 14, 2016, pp: 64-73.