Hedge Fund Managers Pay Less Tax Than Middle Class Family
Hedge fund managers are taxed at 15% on most of their income. Sound fair to you? I didn’t think so. Read more:
Tax breaks for billionaires: Loophole for hedge fund managers costs billions in tax revenue.
“If the amount of tax revenue lost to private equity firm managers is equivalent to that lost with hedge funds, then the combined amount would be $12.6 billion. This forgone revenue stream could, for example, fully fund the five-year, $35 billion expansion of SCHIP, the public health insurance program for low-income children.”
