Center for American Progress Center for American Progress
Issues Domestic & Economy Tax Reform

Private-Equity Guys Can Learn to Pay More Tax

If laws are someday passed changing the taxation of income for private-equity managers, analysts might look to June 12, 2007, as a turning point.

That was when the idea that these Wall Street pros were under-taxed got a big boost from someone with the highest market credentials: Robert Rubin, the former Treasury Secretary and Goldman Sachs Group Inc. chief who now is chairman of Citigroup Inc.'s executive committee.

Read more here.

This article was originally published in Bloomberg.com.

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