Alysse McLoughlin, a partner on the state and local tax team in the New York office, was quoted in the article "Mamdani pushes to shrink NY hedge-fund, private-equity tax break" published by Bloomberg on April 28, 2026. In the article, Alysse discusses how New York City's attempt to minimize the pass-through entity tax (PTET) credit may generate revenue but risks undermining the program's core purpose. The PTET is a state-level program designed to offset federal limits and allow businesses to elect to pay at the entity level rather than the individual level, thereby protecting taxpayers. She cautions that the PTET only works if it fully offsets taxes, and if NYC attempts to reduce the benefit too much, people will stop electing to use the program, undermining the policy's goal.