Monday, July 16, 2007

U.S. Democrat leader open on private equity taxes

(Reuters) - In the Senate, Montana Democrat Max Baucus and Iowa
Republican Charles Grassley have introduced a bill that would
more than double taxes on private equity firms that go public
as publicly traded partnerships, as Blackstone Group did
last month.




Reid "needs to consult with Sen. Baucus on how to proceed,"
his spokesman said.


Read more at Reuters.com Mergers News

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