House pushes carried interest hike once again

House Ways and Means Committee chairman Charles Rangel today introduced the Tax Extenders Act of 2009, which would tax carried interest as ordinary income rather than capital gains. Similar tax increase proposals have previously come up short in the Senate.

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.

Share this