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Old 02-18-2009, 07:13 PM   #1
 
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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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