Friday, July 13, 2007

UPDATE 1-Hillary Clinton slams private equity tax loophole

(Reuters) - WASHINGTON, July 13 - New York Sen. Hillary
Clinton, the front-running Democratic presidential candidate,
on Friday urged closing a tax loophole that she said unfairly
benefits a few top Wall Street financiers.




Clinton called the loophole a "glaring inequity" and joined
other lawmakers in a push to raise the tax rate on "carried
interest" gains made by senior partners in the booming private
equity and hedge fund businesses.


Read more at Reuters.com Mergers News

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