Robots and the Future of Tax Policy

Robots and artificial intelligence are reshaping the workplace. Automation has replaced industrial and retail jobs. As robots and AI put current jobs at risk, they also threaten tax revenues to federal and international treasuries. The current U.S. tax system is based primarily on income and payroll taxes. If robots replace workers, the U.S. Treasury will

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Carried Interests and Interest Deductions in Private Equity and Venture Capital

The New York Times has a fascinating read this morning about the political (and personal?) tiff between Michael Moritz of  Sequoia Capital (Venture Capital) and Stephen A. Schwarzman, Blackstone Group (Private Equity) and the chairman of President Trump’s advisory business council. The article is a little “inside baseball” about the Private Equity and Venture Capital