This document is a printout of a Wall Street Journal article from February 26, 2014, reporting on comments made by Carlyle Group co-founder David Rubenstein at a conference in Berlin. Rubenstein predicted that U.S. tax reform legislation affecting private-equity 'carried interest' profits, proposed by Rep. Dave Camp, was unlikely to pass due to political factors including Max Baucus's departure to China. The document bears a House Oversight stamp.
A MarketWatch article from April 2013 discussing potential changes to US estate tax laws proposed in President Obama's 2014 budget. The article highlights that despite the "permanent" status of the 2012 Taxpayer Relief Act, new proposals seek to lower exemptions and close loopholes such as valuation discounts and grantor-retained annuity trusts (GRATs).
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