The Private Equity Growth Capital Council has a new president with Democratic credentials who has been through Washington's revolving door.
Steven Judge won the job after serving since last year as interim head of the trade group, which, among other things, lobbies against proposals to increase taxes on carried interest. Those proposals have gained steam in recent weeks because of revelations that carried interest enabled GOP presidential candidate Mitt Romney to keep his tax rate lower than that paid by many Americans who made considerably less.
Before coming to the council, Judge worked for 14 years as the lead ...Continue reading
Thursday morning the Super Committee will convene for the fourth time since its creation in response to the debt crisis over the summer. The committee, officially named the Joint Select Committee on Deficit Reduction, conducted a breakfast meeting behind closed doors Sept. 15, despite the insistence of transparency by government watchdog groups and fellow legislators. Sen. Dean Heller, R-Nev., released a statement expressing his disappointment regarding the private breakfast.
At the last open meeting, Congressional Budget Office (CBO) Director, Doug Elmendorf administered a dose of reality to members when answering their questions. Elmendorf stated that in order for the CBO ...Continue reading
On Sunday CBS’ 60 Minutes ran an expose on new corporate tax havens. Leslie Stahl, reporting the story, interviewed Cisco... View ArticleContinue reading
In Tuesday’s State of the Union address, President Obama called for ambitious reforms of the tax code: lower rates, fewer... View ArticleContinue reading
There is an op-ed in The Hill today by lobbyist Thomas Spulak arguing that the interests that hire lobbyists are... View ArticleContinue reading
Hate 'em or love 'em, you almost certainly invested more of your hard earned money into the government last year than you did any other thing in your life. In fact, it's likely that you spent more on government than you did food, clothing and shelter combined. And did you get a receipt for it?Continue reading
There’s a reason why lobbying has boomed so much over the last decade. The potential return on investment is just... View ArticleContinue reading
Congress is like the Beltway. Sometimes it’s impassible gridlock; so slow that nothing seems to move at all. Other times... View ArticleContinue reading
Back in July, the New York Times and the New York Post appeared in competition for which publication could roll... View ArticleContinue reading