J.S. Private-Equity Tax Change Doubtful This Year, Says Carlyle Co... http://online.wsj.com/news/articles/SB 1000 14240527023038013045... Should you be sitting in cash right now? If you have a $500,000 portfolio, download the latest report by Forbes columnist Ken Fisher's firm. It tells you where we think the market is headed and why. This must-read report includes research and analysis you won't find anyplace else. Don’t miss it! Click Here to Download Your Report! FISHER INVESTMENTS" Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or : customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com « Seea sample reprint in PDF format. « Order a reprint of this article now MARKETS U.S. Private-Equity Tax Change Doubtful This Year, Says Carlyle Co-Founder Suggested Reform Could Increase Taxes on Private-Equity Profits By MIKE SPECTOR Feb. 26, 2014 5:06 a.m. ET BERLIN-— Carlyle Group LP co-founder David Rubenstein said U.S. lawmakers are "unlikely" to take up legislation this year that could potentially increase taxes on deal profits reaped by private-equity managers. Mr. Rubenstein's comments came after the chairman of the U.S. House Ways and Means Committee, Republican Dave Camp of Michigan, said Congress should "clean up" the treatment of private-equity firms' share of deal profits, called “carried interest." These profits are currently treated as capital gains and taxed at a lower rate than ordinary income. "We can clean up provisions like carried interest that allow certain private-equity firms to get the investment-income tax rate on what anyone else would call normal wage income,” Mr. Camp said in an opinion piece published on Wednesday in The Wall Street Journal outlining a series of tax-reform proposals. "Marea Suparhaturn Conference ~~ But Mr. Rubenstein, often viewed by private-equity watchers TPG