Tag Archives: Hedge funds and taxes

Hedge funds leave London for New York. But where next?

The Financial Times notes an exodus of hedge funds and their money from London, a phenomenon it attributes in part to new taxes and regulations imposed by Great Britain and the EU. The point I see is that money is moveable; when our own governments, federal and state, finish up their plans to tax and regulate the financial industry here, will the money move again? If it were mine, yes.

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