Tuesday, March 12, 2013

Beaches, Rum and No Capitol Gains Tax

March 11 (Bloomberg) -- John Paulson, a lifelong New Yorker, is exploring a move to Puerto Rico, where a new law would eliminate taxes on gains from the $9.5 billion he has invested in his own hedge funds, according to four people who have spoken to him about a possible relocation. Bloomberg's Zach Mider reports on Bloomberg Television's "Street Smart."

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