House passes tax bill
Fri Nov 9, 2007
The House of Representatives passed a bill that would raise
taxes on hedge funds, by increasing the tax on so-called
carried interest and by ending the practice of
deferring taxes by placing income in offshore funds.
The House Ways and Means Committee proposed the tax hikes as
a way to raise some $50 billion over 10 years....
ISSN: 2151-1845 / CDC10004H
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