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With a new corporate-friendly Trump regime,
leaders of #private #equity firms are hoping for tax breaks,
weakened regulation
and access to trillions in 401(k) savings
— all of which could broaden their sector’s reach over our society,
increase financial risk for millions,
and further supercharge billionaire wealth.

“It’s not only that private equity firms are exploiting the tax code to make themselves billionaires,”
Eileen O’Grady, director of programs at Private Equity Stakeholder Project, told Truthout.
“They’re also eroding health care, the climate and the quality of jobs across almost every industry.”
https://truthout.org/articles/private-equity-firms-tighten-stranglehold-on-us-angling-for-boons-under-trump/