It’s official. President Obama has once again taken aim at private equity and hedge fund firms.

On Monday, Jack Lew, the White House budget director, outlined the $467 billion package that would pay for the proposed jobs bill. Among the changes, as expected, would be raising the tax rate on so-called carried interest income, or the profits that fund managers are paid as part of their compensation.

via Carried Interest Tax Break Comes Under Fire Again – NYTimes.com.