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Friday, June 22, 2007 2:54:46 PM

Re: None

Post# of 284176
A group of Democratic Congressmen have introduced a bill that would change the tax treatment of carried interest on all sorts of alternative investment funds. As expected, it would treat carried interest as ordinary income rather than as capital gains, except for capital contributed by firm employees/general partners.
http://www.pehub.com/wordpress/wp-content/Investment%20Mgmt%20Services%20Signed.pdf

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