New research reveals that taxing carried interest at ordinary income rates will harm new venture capital (VC) fund formation in emerging technology regions in the United States.

A deeper look: The study emphasizes that new taxes on carried interest damages economic opportunity.

When you think of infrastructure you don’t normally think about technology, but the 2021 infrastructure bill is more than just roads and bridges.

Why it matters: The bill is squarely focused on modernizing our infrastructure through integration of frontier technology.

One of the central strategies of the American Jobs Plan is to use increased innovation activity to make progress on three critical societal challenges: climate change, access to economic opportunity, and competition with China.

Driving the news: Startups and VC are critical to the American Jobs Plan and President Biden’s vision.