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.
To speak with our experts on this topic, please contact:
For print, John Neurohr, Deputy Press Secretary
202.481.8182 or jneurohr@americanprogress.org
For radio, Andrea Purse, Deputy Director of Media Strategy
202.446.8429 or apurse@americanprogress.org
For TV, Sean Gibbons, Director of Media Strategy
202.682.1611 or sgibbons@americanprogress.org
For web, Erin Lindsay, Online Marketing Manager
202.741.6397 or elindsay@americanprogress.org