Sentences with phrase «nonresident hedge»

After speaking to Mayor Bloomberg yesterday, Gov. David Paterson is reconsidering a deal to tax nonresident hedge fund managers as a means of generating new revenue to help the state close its budget deficit.

is urging the governor to reconsider the nonresident hedge fund managers tax.

Not exact matches

The revenue bill passed by the Assembly originally included a provision designed to raise $ 50 million imposing state income tax on the investment income of nonresident partners in New York - based hedge funds — a move Mayor Michael Bloomberg called «the best thing that ever happened to Connecticut,» whose governor immediately invited New York firms to move to her state.