(Reuters) - "If you reduce taxes on capital, you get more capital. More
capital has a beneficial effect on the economy as a whole,"
said the Cerberus chairman in remarks at the National Press
Club. "If you tax it more heavily, you get less of it."
Snow served as U.S. Treasury Secretary for over three years
until June 2006. His private equity fund is preparing to take
over loss-making automaker Chrysler Group in a $7.4 billion
deal with parent DaimlerChrysler AG .
Read more at Reuters.com Government Filings News
capital has a beneficial effect on the economy as a whole,"
said the Cerberus chairman in remarks at the National Press
Club. "If you tax it more heavily, you get less of it."
Snow served as U.S. Treasury Secretary for over three years
until June 2006. His private equity fund is preparing to take
over loss-making automaker Chrysler Group in a $7.4 billion
deal with parent DaimlerChrysler AG .
Read more at Reuters.com Government Filings News
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