Sorry!! The article you are trying to read is not available now.

U.S. Lawmakers May Unveil Private Equity Tax

Print comment Post Comments
"Congressional Democrats as soon as today could unveil a plan to raise the tax that private-equity partners pay on the profits they make, but the increase will be phased in over a 10-year period, according to a person familiar with the matter," according to the NY Post. "Under the plan, the tax on carried interest would begin inching upward a year after the legislation was enacted, starting at the current 15 percent and ending at the present ordinary income rate of 35 percent by the 10th year."
SOURCE:   New York Post