Recent Blog Posts
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SBA Runs Out of Gas
Nov 23 20094:17 pm EDT -
The Bill That Wouldn’t Die
Nov 21 20099:30 pm EDT -
Republicans Talk Turkey on Health Care
Nov 20 20093:54 pm EDT -
Contracts Stolen From Veterans
Nov 19 20093:57 pm EDT -
Main Street's Credit Crunch
Nov 18 20095:41 pm EDT -
Criminalizing Failure
Nov 17 20095:55 pm EDT -
Casablanca on the Potomac
Nov 16 20095:22 pm EDT -
So Big It Will Fail?
Nov 10 20093:02 pm EDT -
Health Care’s ‘Wild West’
Nov 09 20093:57 pm EDT -
Obama's Secret Jobs Plan
Nov 06 20093:13 pm EDT
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Feb 20 2008 12:00am EDT
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.
