Obama’s 2010 budget proposal, released today, proposes raising taxes on the managers by treating carried interest, the portion of profits they take from successful investments, as ordinary income instead of capital gains. That change would boost the tax rate, starting in 2011, to 39.6 percent for most executives from the 15 percent they now pay. - BloombergThank God I went consulting instead of finance...
Friday, February 27, 2009
PE Guys are gonna be pissed
Posted by
Consultant Ninja
at
12:33 AM
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Consulting
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