Tuesday, July 10, 2007

US Congress eyes private equity, hedge fund titans

(Reuters) - In three separate hearings on Capitol Hill, lawmakers are
expected to ask whether these secretive and super-rich
financiers pay enough taxes and whether the Bush administration
does enough to protect the economy and investors from them.




A handful of bills have been filed in both the Senate and
the House of Representatives that would sharply raise tax rates
paid by both private equity and hedge fund leaders, many of
whom are billionaires but largely unknown to the public.


Read more at Reuters.com Mergers News

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