Tag: tax policy

David Rubenstein wants to have it both ways. He’d like us to believe that he’s a reasonable fellow, ready to pay more tax if Congress would only change the law, according to a New York Times report:. “If you change the law, we’ll pay the taxes,” Mr. Rubenstein said to scattered applause during a debate at Davos on the future of capitalism. He was referring to a provision of the United States tax code that allowed people in the private equity industry to treat their income as capital gains and pay a lower rate. He conveniently forgets to mention his consistent opp... Read More