Who Said This ... and Why?

OK, in a story on today in BNA about legislation to reform tax laws relating to carried interest, guess who... suggested the bill has been introduced because of a recent focus on the private equity and hedge fund industries, and said tax policy should not be targeted at individual sectors... saying it does not make sense to single out one industry and was this a statement in support of a bill to end the targeted tax treatment of an individual sector so as to keep it from remaining singled out, as per current law? Answer: It was Treasury Secretary Henry Paulson, providing -- perhaps unwittingly -- the strongest single argument in support of legislative efforts to end the preferential tax treatment currently enjoyed by the private equity fund sector.
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