Some Analysts Doubt Dire Predictions on Tax Increase Fallout
By NATHANIEL POPPER
As anxious investors assess their portfolios in light of expected tax increases on investment income, hedge fund manager Douglas Kass has a simple message: Relax.
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Mr. Kass, the founder of Seabreeze Partners Management, thinks much of the investing world has overestimated how hard the markets and investors would be hit if tax rates on dividends and capital gains rise at the end of the year, as the White House has proposed.
via Some Economists Doubt Dire Effects From Tax Increases – NYTimes.com.