Tax loop holes in the screwed US tax codes..

A Quote from an article in the Washington Post article from awhile ago.“ 

‘But the tax was never intended to hit the smaller subsidiaries that make up private equity portfolios’ said Ashley Schapitl, a spokeswoman for Senate Finance Committee Chairman Ron Wyden (D-Ore.), who called industry claims to that effect ‘nonsense.’  Independent analysts largely agreed with that reading of the provision. The language in the bill was intended to make sure they are treated the same way,’ said Steve Wamhoff, a tax expert at the Institute on Taxation and Economic Policy, a left-leaning think tank. ‘The idea that billion-dollar private equity funds must be protected to save small businesses is absolutely absurd.’ “ 

In answer to a “cat who ate the canary” sly smile on the face of certain over-confident new lawmaker to National Governance.