In his story on last week's House Ways & Means Committee hearing on the carried interest tax loophole, "More Opposed to Equity Tax Plan,"More Opposed to Equity Tax Plan," Washington Post reporter Jeffrey Birnbaum misstates some key facts and mischaracterizes others. [Incidentally, the Post editors almost got the headline right. "More Opposed to Equity Tax Plan" implies the plan is a tax on equity, which it is not. "More Opposed to Tax Equity Plan," would be much more accurate, but it would highlight the weakness of the position.] Birnbaum opens by saying, "The real estate industry yesterday added its voice to the growing number of commercial interests" opposed to a bill that would close this loophole. In fact, the National Association of Realtors made its position known in a paper issued two months ago. He never cites any other commercial interests known to oppose the bill. In saying, "Some leading Democrats in the House have proposed" to close the loophole, Birnbaum omits the fact that one of the leading voices championing the elimination of this loophole is senior Republican Sen. Charles Grassley (IA), ranking member of the Senate Finance Committee. Finally, Birnbaum ends with a random quote from Rep. Thomas Reynolds of New York, who believes closing the loophole would threaten New York's position as the world's preeminent financial center, yet fails to mention that none of the four other committee members from New York spoke against the bill." Unfortunately, Birnbaum's article gives a, well, slanted view of the issue.