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Published on FierceFinance (http://www.fiercefinance.com)

Will hedge funds enter the political debate?

By admin
Created Feb 22 2008 - 7:59am

We've noted recently that the whole issue of taxes on private equity gains never really took off as a political issue, even among the populist-oriented democrats. It's a tricky issue, and the financial services industry often is tough to take on for various reasons. Still, candidate Hillary Clinton seems to be giving the issue a go. The New York senator mentioned in a speech, notes FINalternatives, that hedge fund executives [1] pay a lower rate of taxes than some working folks. Of course, her daughter worked at a hedge fund. We'll see if she gets any traction out of this.

For more:
- here's the article [2]

Related articles:
Hedge funds step up political giving. Article [3]
Wall Street gearing up already for elections. Article [4]


Source URL:
http://www.fiercefinance.com/story/will-hedge-funds-enter-the-political-debate/2008-02-22