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| Join Date: Jan 2006 Location: Booyaville (yeah!) Gender: Posts: 10,791 Thanks: 1,019 Thanked 686 Times in 467 Posts | Close the private equity tax loophole! It makes me sick to my stomach to learn that scum like Henry Kravis, the owner of a private equity firm which purchases (sometimes successful) companies, lays off workers, borrows money to put these companies in serious debt, and then sells them to make a quick few million for himself, gets to pay less taxes percentagewise than we do. -CSM |
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