{"id":13288,"date":"2009-12-08T09:37:35","date_gmt":"2009-12-08T13:37:35","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=13288"},"modified":"2009-12-08T09:37:35","modified_gmt":"2009-12-08T13:37:35","slug":"house-to-raise-taxes-on-fund-managers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2009\/house-to-raise-taxes-on-fund-managers.html","title":{"rendered":"House to Raise Taxes on Fund Managers"},"content":{"rendered":"<p>WSJ &#8211; The House is likely to vote to extend a package of tax breaks this week, but elements of the plan &#8212; including higher taxes on investment-fund managers &#8212; are likely to prove controversial, and the Senate could substantially rewrite the measure.<\/p>\n<p>The bill would renew for one year a raft of provisions scheduled to expire on Dec. 31, including a research tax credit for businesses; faster depreciation of assets for restaurants and retail stores; and deductions of state and local sales taxes for individuals. The breaks &#8212; 49 in all &#8212; would cost the government more than $30 billion over a decade, according to the House Ways and Means Committee. House Democrats want to increase taxes on investment-fund managers&#8217; earnings to help pay for the breaks.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/online.wsj.com\/article\/SB126021879756980703.html?mod=WSJ_hpp_sections_news\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; The House is likely to vote to extend a package of tax breaks this week, but elements of the plan &#8212; including higher taxes on investment-fund managers &#8212; are likely to prove controversial, and the Senate could substantially [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-13288","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13288"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13288\/revisions"}],"predecessor-version":[{"id":13289,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13288\/revisions\/13289"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}