A surprising point of agreement between presidential candidates Hillary Clinton and Donald Trump should be a rallying cry for tech startups, says a top lobbyist for the venture capital industry.
Both the Democrat and the Republican have targeted an obscure element of tax law known as "carried interest," attacking it as a loophole for fat cats. Here's the in-the-weeds explanation, but basically getting rid of carried interest would raise tax rates on investment returns by private equity groups that incubate and grow technology companies.
