<![CDATA[Preserving "A Tax Loophole the Size of A Mack Truck"]]>

1.0 link 68055 <![CDATA[Preserving "A Tax Loophole the Size of A Mack Truck"]]> http://www.huffingtonpost.com/david-sirota/preserving-a-tax-loophole_b_68055.html This week, congressional Democrats proudly hoisted the white flag of surrender when it came to tax fairness, officially shelving a modest proposal to force billionaire hedge fund managers to pay the same tax rates as the janitors who clean their offices. As the Washington Post reported, Senate Majority Leader Harry Reid (D) "told private-equity firms in recent weeks that a tax-hike proposal they have spent millions of dollars to defeat will not get through the Senate."

The capitulation is a...

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