Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

Reveal Navigation

NYSE CEO Takes on Obama's Jobs Bill NYSE CEO Takes on Obama's Jobs Bill NYSE CEO Takes on Obama's Jobs Bill NYSE CEO Takes on Obama's...

share
This ad will end in seconds
Close X

Not a member? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation

 

Blogs

NYSE CEO Takes on Obama's Jobs Bill

October 21, 2011
All those protestors in Zuccotti Park haven't stopped the CEO of NYSE Euronext from asking Congress to shoot down a provision in President Obama's American Jobs Act that he says would be a disincentive to long-term investments and hurt small and mid-size companies' growth.

In a letter to John Boehner, Nancy Pelosi, Harry Reid and Mitch McConnell, Duncan Niederauer writes that the provision would "tax profits on the sale of an investment management partnership at ordinary income rates, effectively making investment partnerships the only business in the U.S. that would be ineligible for long-term capital gains treatment when they are sold."

He warns in the letter that the proposal "could have far-reaching unintended consequences" not only on Wall Street, but also in small firms.
You May Find These of Interest
Get us in your feed.
More Blogs
Job Board
Search Jobs
Project Manager II
American Society of Civil Engineers | Memphis, TN
Structural Engineer
American Society of Civil Engineers | Chicago, IL
Engineering Manager
American Society of Civil Engineers | Springfield, VA
Mechanical Engineer - Dallas, TX
American Society of Civil Engineers | Dallas, TX
Concrete Testing Technician & Special Inspectors
American Society of Civil Engineers | New York, NY
Manager of Engineering
American Society of Civil Engineers | Berkeley, CA
Structural Engineer
American Society of Civil Engineers | Orlando, FL
Engineer
American Society of Civil Engineers | Lake Charles, LA
Watershed Resources Specialist
American Society of Civil Engineers | San Francisco, CA
Outside sales.
American Society of Civil Engineers | San Francisco, CA
Mgr, Corp Qual Technology
American Society of Civil Engineers | Fort Worth, TX
Administrative Assistant
American Society of Civil Engineers | Cleveland, OH
Project Engineer
American Society of Civil Engineers | Atlanta, GA
Instrumentation and Controls Engineer â?? Gainesville, FL US
American Society of Civil Engineers | Gainesville, FL
VP, Engineering & Construction
American Society of Civil Engineers | Boston, MA