US private equity to launch PR campaign to counter attacks on Romney’s time at Bain
The New York Times on the private equity industry’s fear that - if Mitt Romney wins the Republican nomination – it will come under “intense scrutiny and withering attacks” from his opponents.
“With Mr. Romney in the spotlight on a national stage and facing a well-funded Obama re-election campaign, the industry’s top officials know that Mr. Romney’s opponents will continue to push the portrayal of Mr. Romney as a fat-cat job-destroying deal maker.
“We were bracing ourselves for this but we’re not even in the general election yet,” said a senior private equity executive who spoke on the condition of anonymity. “Expect more pain.””
See also: US Jobs Bill launches another attempt to tax carried interest as income
Carried Interest Debate in Spotlight Amid Romney Tax Release – Bloomberg
Romney Disclosure Reignites Debate Over Carried Interest Tax – New York Times
The Real Scandal in Private Equity? It’s the Taxes – The Atlantic
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