Clinton Backs Higher Taxes for Investment Firm Managers« Thread Started on Jul 14, 2007, 7:31pm » --------------------------------------------------------------------------------Clinton Backs Higher Taxes for Investment Firm Managers By STEPHEN LABATONPublished: July 14, 2007read at source> http://www.nytimes.com/2007/07/14/busin ... WASHINGTON, July 13 — Senator Hillary Rodham Clinton on Friday became the latest Democratic presidential candidate to support efforts to raise tax rates for private equity and hedge fund managers.Two other leading Democratic candidates, Senator Barack Obama of Illinois and John Edwards, the former North Carolina senator, have already called for an increase in the tax rate for partners of investment funds.Mr. Edwards, who outlined his support for an increase this week, had been a paid adviser to a hedge fund and still has a substantial part of his wealth at that company.