Ashley Hinson Fought to Save Private Equity’s Favorite Loophole

On her campaign website, Rep. Ashley Hinson, the Republican nominee in Iowa’s toss-up US Senate race, says she’s “laser focused on lowering taxes on working families.” In Washington, she’s tackled a different project: Saving private equity’s favorite tax break. The carried interest loophole, which allows private investment managers to save billions of dollars each year…