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Tuesday, March 5, 2013

Taxes

Econ Comments & Analysis                                                                                            
CNN Money | 3 ways to lower your tax bill
Before you start planning for 2013, you still have 2012 taxes to worry about.
NY Times | Why Carried Interest Is a Capital Gain
The current debates on tax reform and government spending levels have often focused on raising taxes on carried interest. While many, including a recent opinion piece in The New York Times by Lynn Forester de Rothschild, have homed in on carried interest to raise revenue, little discussion has focused on how carried interest actually functions and why it was treated as a long-term capital gain in the first place.