Mitt Romney flubs understanding of the VC tax
Mitt Romney, a leading Republican presidential candidate, was a founder of Bain Capital, a private equity firm. So you’d think he’d understand the basics of the VC tax legislation being fiercely debated in Washington. But in an interview with TechCrunch, he shows he doesn’t understand it.
When asked what he thought of the VC tax proposal he says:
“…with regard to carried interest associated with venture capital, real estate, private equity, I do not believe in raising… Continue Reading