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| Introduction Of The Carried Interest Fairness Act Of 2012 |
February 14, 2012 |
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Sander Levin, D-MI
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"The Carried Interest Fairness Act provides that the “carried interest” compensation received by investment fund managers will be taxed at ordinary income rates and treated as wage income subject to employment taxes. In exchange for providing the service of managing their investors’ assets, fund managers often take a portion of a fund’s profits, or a carried interest, usually equal to 20 percent of such profits. The bill clarifies that this income is subject to ordinary income tax rates rather than the much lower capital gains rate. For a technical explanation of the Carried Interest Fairness Act of 2012, please visit my website at .www.house.gov/levin"
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| The Passing Of Dr. Stephen Levin |
February 9, 2012 |
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Carolyn Maloney, D-NY
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"Mr. Speaker, it was with tremendous sadness that I learned today of the passing of Dr. Stephen Levin. Dr. Levin was one of our Nation’s foremost experts in occupational and environmental medicine and in his career cared for thousands of Americans with work-related injuries and illnesses. But New Yorkers may know Dr. Levin best at the Director of the World Trade Center Worker and Volunteer Medical Screening Program, where he helped identify the emergence of 9/11-related illnesses and led the medical community’s response to this unprecedented health crisis."
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| Statements On Introduced Bills And Joint Resolutions |
January 31, 2012 |
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Susan Collins, R-ME
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"Mr. President, I rise today to introduce legislation aimed at ensuring that the health of American travelers is not placed at possible risk as our airport security technology evolves. I am very pleased to be joined by Senators Akaka, Coburn, Scott Brown, and Levin, who are cosponsoring this bill."
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