While many in the industry have lobbied heavily against the changes, some notable executives, including former Treasury Secretary Robert E. Rubin, have endorsed the concept of raising the tax rates for equity fund partners.
His firm last week shifted its asset-allocation recommendation to the most aggressive rating for equities, a judgment that the stock market rally is very likely to continue.
By contrast, the national average rate for home equity credit lines, which roughly parallels a commercial line of credit, is 5.35percentt.
What's needed is a realistic approach, starting with letting the high-end Bush era tax cuts expire at the end of this year and closing blatant loopholes, including the unconscionably low tax rate for private equity partners.
Amid concerns about legislation introduced in America to increase the tax rate for private-equity firms, investors were spooked by a report that the buy-out boom may have peaked.
The overall rate of equity we described seems low (44.2/1000 for hip replacement, 30.9/1000 knee replacement), suggesting substantial underprovision of surgery.
A district with a high rate of equity (dark green) is providing more operations for people in need than a district with a low rate of equity (light green).
WASHINGTON, July 13 — Senator Hillary Rodham Clinton on Friday became the latest Democratic presidential candidate to support efforts to raise tax rates for private equity and hedge fund managers.
Also troubling are the rising delinquency rates for home equity loans, which also reached record levels, rising to 3.52% from 3.03% on loans and 1.89% from 1.46% on lines of credit.
While there has been a robust rally in bonds, with companies aggressively issuing debt to take advantage of low interest rates, the appetite for equity remains weak.
