{"id":6921,"date":"2007-12-20T00:00:00","date_gmt":"2007-12-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-private-equity-avoid-us-tax-increase","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2007\/hedge-funds-private-equity-avoid-us-tax-increase.html","title":{"rendered":"Hedge funds, private equity avoid US tax increase"},"content":{"rendered":"<p>Reuters- Rich U.S. hedge fund and private equity firm managers avoided proposed increases in their taxes Wednesday when the House approved a controversial tax bill stripped of the proposals.<\/p>\n<p>  Amid heavy lobbying by wealthy financiers trying to protect their lucrative business models, the House approved a bill that would temporarily relieve millions of Americans from having to pay the  creeping alternative minimum tax (AMT).<\/p>\n<p>  The costly AMT relief bill went through the House without offsetting government revenues, which House Democrats had earlier sought in the name of a pay-as-you-go budget policy.<\/p>\n<p>  Among AMT relief budget offsets that Democrats had sought were higher taxes for private equity and hedge fund managers.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/reuters\/feeds\/reuters\/2007\/12\/19\/2007-12-19T225405Z_01_N19301254_RTRIDST_0_HEDGEFUNDS-CONGRESS.html\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Rich U.S. hedge fund and private equity firm managers avoided proposed increases in their taxes Wednesday when the House approved a controversial tax bill stripped of the proposals. Amid heavy lobbying by wealthy financiers trying to protect their lucrative [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6921","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6921","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6921"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6921\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}