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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (857395)5/15/2015 7:02:15 PM
From: gronieel2  Read Replies (4) of 1575446
 
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..If you want to argue for raising the tax on long-term capital gains, that's a separate debate...

I'm not talking about raising the 20% long term capital gain Tenny, but rather the 15% MAXIMUM carried interest rate on millions of dollars of personal income enjoyed only by Willard Romney and a handful of hedge fund managers...nobody else gets it.

A loophole deliberately written into the tax code and vigorously protected by politicians from both parties in return for very generous contributions....i.e. bribes.

Check out carried interest taxes.
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