(Reuters) - Montana Democrat Max Baucus and Iowa Republican Charles Grassley, the top members of the Senate Finance Committee, also introduced a bill that would tax private equity firms like corporations, forcing them to pay a rate of up to 35 percent versus the 15 percent rate now paid by partners.
The senators' legislation was applauded by the chairman of the powerful House of Representatives Ways and Means Committee, Democrat Charles Rangel of New York.
Read more at Reuters.com Government Filings News
The senators' legislation was applauded by the chairman of the powerful House of Representatives Ways and Means Committee, Democrat Charles Rangel of New York.
Read more at Reuters.com Government Filings News
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