Tidal Fish Forum banner

1 - 5 of 5 Posts

·
Registered
Joined
·
5,559 Posts
Discussion Starter · #1 ·
From Salon Magazine

"equity managers (think Mitt Romney) and investment bankers -- on the other. According to a study by University of Chicago professors Steven Kaplan and Joshua Rauh, more than twice as many Wall Street financiers are in the top half of 1 percent of earners as are CEOs. The 25 highest-paid hedge-fund managers are earning more than the CEOs of the largest 500 companies in the Standard and Poor's 500 combined. While CEO pay is outrageous, hedge-fund and private-equity pay is way beyond outrageous. Several of these fund managers are taking home more than a billion dollars a year.

At the very least, you might think that Democrats would do something about the anomaly in the tax code that treats the earnings of private-equity and hedge-fund managers as capital gains rather than ordinary income, and thereby taxes them at 15 percent -- lower than the tax rate faced by many middle-class Americans."
 

·
Registered
Joined
·
9,443 Posts
From Salon Magazine

"equity managers (think Mitt Romney) and investment bankers -- on the other. According to a study by University of Chicago professors Steven Kaplan and Joshua Rauh, more than twice as many Wall Street financiers are in the top half of 1 percent of earners as are CEOs. The 25 highest-paid hedge-fund managers are earning more than the CEOs of the largest 500 companies in the Standard and Poor's 500 combined. While CEO pay is outrageous, hedge-fund and private-equity pay is way beyond outrageous. Several of these fund managers are taking home more than a billion dollars a year.

At the very least, you might think that Democrats would do something about the anomaly in the tax code that treats the earnings of private-equity and hedge-fund managers as capital gains rather than ordinary income, and thereby taxes them at 15 percent -- lower than the tax rate faced by many middle-class Americans."
Class envy.
 

·
Registered
Joined
·
14,877 Posts
All you do is sit around all day reading left wing raggs.

Isn't it?

Salon?


BWA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA !
 
1 - 5 of 5 Posts
Top