Tax Code Could Bring More Pain to Private Equity

Tax Code Could Bring More Pain to Private Equity Play

March 15 (Bloomberg) -- Bloomberg's Peter Cook reports that the fight over how private equity managers’ compensation should be taxed obscures other breaks that are central to the buyout industry’s business model. The Obama administration and lawmakers in both parties are examining the tax code’s debt bias as they seek to lower the corporate tax rate without expanding the federal budget deficit. He speaks on Bloomberg Television's "Inside Track."

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