(Reuters) - Under legislation introduced last week by U.S. Senators Max Baucus and Chuck Grassley, publicly traded partnerships would be taxed at the corporate rate of up to 35 percent, instead of the 15 percent rate their partners now pay.
Montana's Baucus and Iowa's Grassley, the Democratic chairman and senior Republican, respectively, of the Senate Finance Committee, expressed specific concerns about the planned $4 billion initial public offering of Blackstone set to be priced on Thursday.
Read more at Reuters.com Business News
Montana's Baucus and Iowa's Grassley, the Democratic chairman and senior Republican, respectively, of the Senate Finance Committee, expressed specific concerns about the planned $4 billion initial public offering of Blackstone set to be priced on Thursday.
Read more at Reuters.com Business News
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