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Clinton denounces low level of tax paid by buyout « Thread S

Daily newsbrief journal for July 2007, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Clinton denounces low level of tax paid by buyout « Thread S

Postby admin » Sat Jan 28, 2012 2:04 pm

Clinton denounces low level of tax paid by buyout « Thread Started on Jul 14, 2007, 7:31pm » --------------------------------------------------------------------------------Clinton denounces low level of tax paid by buyout executivesTom Bawden in New York read at source> http://business.timesonline.co.uk/tol/b ... 734.eceThe political pressure on investment firms intensified yesterday as Senator Hillary Clinton became the latest US presidential candidate to criticise the low level of taxes paid by executives at buyout firms and hedge funds. Speaking at a rally in New Hampshire, Senator Clinton called for an end to a “glaring inequity” that allows private equity and hedge fund executives, as well as publicly traded investment firms, to be taxed at only 15 per cent on the bulk of their earnings, rather than the top income tax rate of 35 per cent.
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