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

Private equity turns taxes into civil rights issue

By admin
Created Sep 7 2007 - 6:59am

A Washington Post op-ed piece notes that the private equity industry's top dogs aren't a sympathetic bunch. They're rich, loaded and prone to ostentation [1]. The industry is savvy enough to know this, so they've formed a lobbying group that pushes another argument. The Access to Capital Coalition argues that current tax policies have helped the industry attract minorities and women to the industry. I am agnostic on the issue of reformulated tax policies and this is a private equity-friendly newsletter, but many will scoff at the argument. Women in private equity are pretty scarce [2] and the glass is thick.   

For more:
- here's the Washington Post editorial [3]

Related articles:
-
Benefits of private equity [4] firm IPO are clear


Source URL:
http://www.fiercefinance.com/story/private-equity-turns-taxes-civil-rights-issue/2007-09-07