May 01, 2007
May Day
The Wall Street Journal is reporting today that the Senate Finance committee will hold a hearing next week on the issue of changing the tax treatment of carried interest distributions.
It just so happens that today is also May Day, traditionally a day of worker protest. In response to the possibility of a tax hike on their labor efforts, I'm told that private equity and hedge fund managers are marching down the streets of Greenwich, shouting "No Justice! No Peace!"
TrackBack URL for this entry:
http://www.typepad.com/t/trackback/38673/18137636
Links to weblogs that reference May Day:
