Tax Pushbacks - The American Spectator | USA News and Politics
Tax Pushbacks
by

Congressional Democrats — with some significant Republican help — are trying to raise taxes on carried interest capital gains, viewing hedge fund managers as a promising revenue source. Many conservatives are resisting. Today’s Wall Street Journal reports that some centrist Democrats, fearing unintended consequences and industry opposition, are as well.

This suggests Democratic efforts to raise taxes will have difficulty surviving public scrutiny. Let’s hope this pushback keeps the Bush tax cuts from expiring as well.

Sign up to receive our latest updates! Register


By submitting this form, you are consenting to receive marketing emails from: The American Spectator, 122 S Royal Street, Alexandria, VA, 22314, http://spectator.org. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Be a Free Market Loving Patriot. Subscribe Today!