Oct. 14 (Bloomberg) -- House Democrats plan a renewed push to raise taxes on executives at private-equity and venture- capital firms to help pay for year-end economic recovery legislation, a top congressional aide said.
Matthew Beck, a spokesman for the House Ways and Means Committee, said the panel will revive an effort to raise the 15 percent tax rate on “carried interest,” a term for the share of a fund’s profit that is paid as compensation to executives.
Democrats Plan New Push to Tax Venture-Capital, Buyout Managers
