Financial Times FT.com

Investment industry in US tax dog-fight

By Eoin Callan in Washington

Published: October 31 2007 19:01 | Last updated: October 31 2007 19:01

The US lobbyists hired by the private equity and hedge fund industries to fend off threatened tax increases have chalked up some ­modest victories on Capitol Hill.

Key votes have been delayed and time bought after the investment industry hired some of Washington’s most prominent lobbyists to influence lawmakers and spread largesse through campaign donations.

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