TITLE

Lott expects to whip GOP against Blackstone bill

AUTHOR(S)
Holzer, Jessica
PUB. DATE
October 2007
SOURCE
Hill;10/3/2007, Vol. 14 Issue 115, p14
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Senator Trent Lott to make a legislation against the Blackstone bill that will raise the taxes on publicly traded hedge funds and private equity firms in the U.S. He expresses that additional taxes are counterproductive despite the legal issues surrounding their taxation. The bill increases the tax rate applicable to investors in the partnership from 15 percent to 35 percent.
ACCESSION #
26996315

 

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