(Reuters) - WASHINGTON, July 11 - New York Sen. Charles
Schumer said on Wednesday that Congress is right to look at the
wealthy in considering possible tax hikes but that he "will not
stand for" raising taxes on private-equity firms and hedge
funds while leaving other partnerships alone.
The Democrat, whose constituency includes Wall Street, made
his remarks at a Senate Finance Committee hearing focused on
whether taxes should be raised on the gains of private-equity
firms and hedge-fund managers.
Read more at Reuters.com Government Filings News
Schumer said on Wednesday that Congress is right to look at the
wealthy in considering possible tax hikes but that he "will not
stand for" raising taxes on private-equity firms and hedge
funds while leaving other partnerships alone.
The Democrat, whose constituency includes Wall Street, made
his remarks at a Senate Finance Committee hearing focused on
whether taxes should be raised on the gains of private-equity
firms and hedge-fund managers.
Read more at Reuters.com Government Filings News
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