February 3, 2012

Private Equity Titans Launch Pro-Tax Loophole PR Blitz; Only Finds Stock Image Supporters

Image from Stockphoto website

Wealthy private equity managers pay a lower tax rate than many middle income Americans because of the “carried interest” tax loophole. With the revelation that Mitt Romney, through his investments in private equity firm Bain Capital, receives a windfall profit every year that benefits from the loophole, Wall Street lobbyists are stepping up the campaign
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