Tuesday, July 31, 2007

UPDATE 1-Senate Democrats wary on private equity tax hikes

(Reuters) - WASHINGTON, July 31 - Sounding newly cautious on
a sensitive issue for some of America's richest financiers,
four senior U.S. Senate Democrats raised questions on Tuesday
about hiking taxes on private equity firms and hedge funds.




Senate Banking Committee Chairman Christopher Dodd said in
a statement he is "concerned about the potential adverse
effects that these proposals would have on capital formation,
on job creation, and on institutional investors."


Read more at Reuters.com Bonds News

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