Diana Furchtgott-Roth writes on the congressional proposal to impose special higher taxes on investment managers whose companies go public: "Raising taxes on hedge funds and private equity partnerships has a nice populist ring. But proposals to tax carried interest and the enterprise value of certain types of partnerships inconsistently target one sector of the economy. It makes no sense to tax the enterprise value of investment partnerships differently from partnerships that own auto dealerships, ice cream shops or family farms."
Diana Furchtgott-Roth on Taxing Investment Managers
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