Daily News on Carried Interest

http://www.futureofcapitalism.com/2012/01/daily-news-on-carried-interest

To judge by this editorial in Mortimer Zuckerman's New York Daily News, add Mr. Zuckerman to the list of billionaires — Warren Buffett, Michael Bloomberg, Rupert Murdoch — who want to change the taxation of carried interest, more than doubling the current rates for long term gains by managers of real estate, oil and gas, venture capital, private equity, and hedge fund investment partnerships. As the post here the other day, "Seven Myths About Romney's Taxes," said, this isn't about how little guys get treated compared to billionaires. It's rather a case "of some billionaires wanting to raise taxes, not on themselves, but on other billionaires and multi-centimillionaires who compete with them for deals, for investment capital, for talent, and in the contest of wealth accumulation."

by Editor  |  Jan 26, 2012 at 6:33 am Related Topics:  New York, Press, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list