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Will the carried interest loophole be closed? — legislation that amends the Internal Revenue Code to effectively eliminate the long-term capital gains tax preference for carried interest (applicable partnership interests)

Starts:May 14, 2026, 8:00 PMEnds:Jan 1, 2030, 3:00 PM
AZRGMIKSHLMTNVGPLYPMU
Politics favorite hit rate95.3% (1,754)
Total volume
$312
Largest spread
—
Outcomes
4
Platforms
1
Markets
1

Markets

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Before Jan 1, 2030No liquidity
KalshiNo liquidity55.0%
Before Jan 1, 2029No liquidity
KalshiNo liquidity30.0%
Before Jan 1, 2028No liquidity
KalshiNo liquidity22.0%
Before Jan 1, 2027No liquidity
KalshiNo liquidity7.0%

Description from Kalshi. A cross-platform summary is generated once this event is matched across platforms.

To qualify, the legislation must mandate that carried interest be taxed at a rate equal to or greater than ordinary income rates. The legislation will trigger a Yes resolution even if this change only applies to taxpayers above a certain income threshold (e.g., individuals earning over $400,000). Minor adjustments to the required holding period (e.g., extending the current 3-year rule under Section 1061) will not suffice for a Yes resolution.

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Category

Politics

Tags

generalPoliticsCongresscarriedInterestloopholeclosedlegislationthatamendsInternalrevenueCodeEffectivelyeliminatelong-termcapitalgainsPreference(applicablePartnershipinterests)