Thursday, 21 August 2014
Last updated 6 hours ago
Nov 12 2007 | 1:03pm ET
The U.S. House of Representatives last week passed a controversial tax reform bill that would increase the levy on alternative investment managers by almost $50 billion over the next decade.
“We planted the flag of fiscal responsibility,” House Speaker Nancy Pelosi (D-Calif.) said, “as we gave a tax cut to the middle class.”
Eight Democrats joined 185 Republicans in voting against the measure, championed by Rep. Charles Rangel (D-N.Y.). But it wasn’t enough to sink the measure, which passed by a vote of 216 to 193. But the bill, which has faced withering criticism from Republicans, is unlikely to get through the Senate. Even if it did, President Bush had threatened to veto it.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note