Carried-interest tax hike slammed
Pension funds would be adversely affected if taxes on private-equity were raised, said witnesses.
Pension funds would be adversely affected if taxes on private-equity funds were raised, witnesses said at a Senate Finance Committee hearing today.
If the tax on carried interest went up from the 15% capital gains rate to the income tax rate of up to 35%, it would be equal to a cost increase of 10-
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