Dems express reservations with bill on private equity

Holzer, Jessica
July 2007
Hill;7/13/2007, Vol. 14 Issue 85, p6
The article reports on the proposal to raise taxes on the hedge fund and private equity industries in the U.S. A tax adviser to Rep. Joseph Crowley suggested that Rep. Charles Rangel could be persuaded to withdraw his support on the proposal. According to several lobbyists, staffer Kevin Casey told lobbyists working to defeat the legislation that Crowley had shared with Rangel his concern that the tax change could harm New Yorkers and other Democrats also had reservations about the bill.


Related Articles

  • House votes for AMT patch.  // Accounting Today;12/17/2007, Vol. 21 Issue 22, p4 

    The article reports on the approval of a $78 billion bill on the alternative minimum tax (AMT) by the U.S. House. The bill is designed to provide a temporary fix to prevent the alternative minimum tax from spreading to more taxpayers. The bill is expected to increase the taxes imposed on...

  • Rangel plans AMT measure, but offsets are unidentified. Holzer, Jessica; Schor, Elana // Hill;10/18/2007, Vol. 14 Issue 121, p16 

    The article reports on the proposal of Charles Rangel, chairman of the House Ways and Means Committee, to carry out changes on the Alternative Minimum Tax (AMT) in the U.S. Rangel stresses to implement changes in the tax codes which focuses on corporate tax relief and tax increases in the...

  • Tax hike legislation only opening salvo. Halonen, Doug // Pensions & Investments;6/25/2007, Vol. 35 Issue 13, p3 

    The article reports on the consideration given by a coalition of House Democrats on the legislation that would tax the carried interest of private equity firms and other investment partnerships as income at 35% in the U.S. The coalition members include House Ways and Means Committee chairman...

  • Dems and GOP deadlocked as adjournment draws near. Bolton, Alexander // Hill;12/12/2007, Vol. 14 Issue 145, p1 

    The article reports that the U.S. Congress has been brought to a halt by hardening Democratic and Republican stances on taxes and spending days before lawmakers begin leaving Washington D.C. for the holidays. The two sides are refusing to speak to each other about the omnibus and an Alternative...

  • REBIRTH OF THE SOUTH? Moorer, Talise D. // New York Amsterdam News;7/6/2006, Vol. 97 Issue 28, p1 

    The article focuses on issues related to the reauthorization of the landmark 1965 Voting Rights Act in the United States. Key Republicans from several southern states are pushing against the renewing of the Voting Rights Act. According to Congressman Charles B. Rangel, Republican nonconformity...

  • Centrist Dems in tough spot on Alternative Minimum Tax bill. Holzer, Jessica // Hill;11/9/2007, Vol. 14 Issue 134, p3 

    The article reports on the division of the centrist Democrats to vote on legislation for the Alternative Minimum Tax backed by the House Ways and Means Committee Chairman Charles Rangel in the U.S. Senators Tim Manoney would vote no on the legislation, while Jason Altmire planned to support the...

  • Mayor Weiner? Dems doubt it. Berman, Russell // Hill;4/11/2013, Vol. 20 Issue 40, p1 

    The article reports on former New York representative Anthony Weiner who considers a bid for mayo in 2013 which was doubted by Democrats including Joseph Crowley, Charles Rangel, and Carolyn Maloney.

  • Rangel takes aims at AMT.  // Accounting Today;11/26/2007, Vol. 21 Issue 20, p3 

    The article reports on a bill introduced by Representative Charles Rangel, D-N.Y., of the House Ways and Means Committee, which aims to repeal the alternative minimum tax (AMT) law in the U.S. Known as the Tax Reduction and Reform Act of 2007, Rangel believes the bill will be voted on in 2008....

  • Standoff May Leave AMT Hanging. Vaughan, Martin; Smallen, Jill; Dick, Jason // National Journal;11/10/2007, Vol. 39 Issue 43, p43 

    The article reports on the possibility for a bill on alternative minimum tax (AMT) to be left unaddressed due to a standoff between the U.S. House and Senate tax writers over whether to offset the bill in order to meet pay-as-you-go requirements. The House of Representatives was slated to vote...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics