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Private Equity Fumes Over Higher Taxes and Threat to End Billionaires' Loophole

  • Buyout industry may lose Billionaires’ Loophole in Biden plan
  • Insiders increasingly resigned to paying more in taxes
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Photographer: Ed Jones/AFP/Getty Images

In the gilded realms of private equity, where mega deals and mega paydays beckon, the masters of leveraged buyouts are feeling a little put out.

From Park Avenue to Palm Beach, the conversation keeps turning to the same uncomfortable subject: an onslaught of taxes and the closing of the Billionaires’ Loophole.