ICI: Transaction tax would take big bite out of fund returns
High on the mutual fund industry's “to do” list is defeating legislation that would impose a $150 billion-per-year tax on securities transactions.
High on the mutual fund industry's “to do” list is defeating legislation that would impose a $150 billion-per-year tax on securities transactions.
While the legislation, introduced Dec. 3 by Rep. Peter DeFazio, D-Ore., and 27 other Democrats in the House, specifically exempts mutual fund share
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