Millionaires lobby to raise their own taxes

We thought this story about the launch of a potential rival lobbying organization featured in Politico would be of interest to you.

The Patriotic Millionaires, a group of wealthy Americans who argue they should pay higher taxes, registered to lobby for the first time. Gene Haigh, the group’s SVP of government affairs, is focusing on Sen. Tammy Baldwin’s (D-Wis.) and House Ways and Means Committee Ranking Member Sander Levin’s (D-Mich.) bill to close the carried interest loophole, spokesman Justin Strekal tells PI. The group’s lobby day today featured its chairman, former BlackRock managing director Morris Pearl, and Art Lipson, a Salt Lake City hedge fund manager who has been pressuring his senator, Orrin Hatch (R-Utah), a chief opponent of the bill.