Recent Blog Posts
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Cybersecurity Czar Steps Down
May 17 20122:41 pm EDT -
House Passes Controversial Cybersecurity Bill With Surprise Vote
Apr 27 201212:09 pm EDT -
Generation Startup Gets SBA Encouragement
Apr 24 20125:25 pm EDT -
Google Spends Big in Washington
Apr 24 201212:30 pm EDT -
Young Entrepreneurs Call for More Congressional Encouragement
Apr 18 20124:06 pm EDT -
A Nation Divided on Taxes
Apr 16 201211:37 am EDT -
Are Intellectual Property and National Security Really Linked?
Apr 13 20124:40 pm EDT -
Netflix Starts PAC
Apr 09 20122:27 pm EDT -
JOBS Act Changes Game for Startups
Apr 05 20124:39 pm EDT -
Investors (and Liberals) Beware! Here Comes JOBS Act
Apr 04 201210:06 am EDT
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Hillary, Chelsea and Pete Peterson
Hillary Clinton is regularly taking swipes at hedge fund managers in a not-so-subtle jab at the carried interest problem, where the hedge fund and private equity folks get taxed at a lower rate. The same is true of various kinds of partnerships. Of course, Chelsea now works for a hedge fund, too. ABC has more on this.
Personally, I can't see the case for not raising the rate. And I think it would be a huge service if Pete Peterson, who has been so outspoken about fiscal recklessness, said something about it too. But the Blackstone founder still defends the lower rate. On this one, I think Hillary's right. My spouse, I note, works for Clinton.
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