Posts Tagged ‘Congress
Carried Interest Tax, Volcker Rule Introduced Today
Two proposed laws which have been in the works for quite some time were introduced today in both houses of Congress. If passed, the amended carried interest tax and Volcker rule would have serious ramifications for both private equity and hedge funds.
Teamwork! Rep. Helps Dems Get Derivatives Regulation Package Out of Committee
In a kind of shocking move, a Republican actually did the Democrats a solid by voting “yea” on its Derivatives Regulation Package to move it out of the Senate Agriculture Committee (apparently the derivatives that aggravated the financial crisis were tied to certain farm commodities, which is why the proposal ended up in the Agricultural [...]
Carried Interest Tax Faces Threats From Congress
With a massive deficit on their hands and a recently passed $140 billion bill to extend jobless benefits through the end of the year and renew a series of popular tax breaks, the government is looking to scrounge up money anywhere it can– and the couch cushions aren’t exactly turning out to be a cash [...]
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