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Tax Breaks Extended For Special Interests

Posted: January 7, 2013

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Hedge fund and private equity managers came out of the "fiscal cliff" agreement with a better tax setup than many affluent taxpayers. It largely keeps in place a practice that allows them to have their earnings taxed at a capital gains rate rather than at a higher rate for ordinary income.

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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