A Record Buyout Is Just the Start as Wealthy Flee Tax Hike.

Company owners would be smart to get out now,one private equity executive noted, because by this fallin the U.S. there will be too many sellers crowding intothe market. (Bloomberg) -- For 110 years, four generations of Millsfamily members earned their money by expanding theirgreat-grandfather's Chicago apron business into a medicalsupplier that ranked among the nation's largest privatecompanies. QuickTake: How Capital Gains Are Taxed and What BidenWould Do Meanwhile, company owners are eager for certainty -- pressingtax experts, bankers and even theircongressional representatives to specify how much highertax bills will jump if they wait to sell in the future. [Extracted from the article]