Your Last Day To NOT Sign The NVCA Petition
The National Venture Capital Association is circulating a petition that asks senators to maintain existing carried interest tax treatment for venture capital returns. In other words, the NVCA wants general partners investment profits to keep getting taxed at a rate around half that of ordinary income. The trade group has gotten more than 1,500 signatures so far, with today being the last day to add your John Doerr. I sincerely hope you don't do so. To explain why, I've posted the petition after the jump with my thoughts in regular type:
10 May 2010•4 mins read
