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NYC Council Wants To Tax Carried Interest, 'Mansion' Sales

By Jack Newsham (April 5, 2016, 6:39 PM EDT) -- The New York City Council on Monday proposed new taxes on carried-interest compensation common among fund managers and on high-value residential property sales, saying the taxes would be a fair way to raise $410 million next year to restock the city's recession-battered fiscal reserves....

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