Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: goldworldnet who wrote (10760)	11/12/2007 7:17:18 PM
From: DuckTapeSunroof	Respond to of 25737

Actually... stock brokers don't get to benefit from this very special little tax loophole (they have to pay the regular graduated income tax rates, same as you or me). Nope --- ONLY 'hedge fund' mavens can call their personal income (generated from managing other people's investments) 'capital gains' and get away with only paying 15%. Hell --- if you want to lower EVERYONE'S personal tax rate down to a flat 15%, I'll be all for it... (but no need to give this special loophole to some of the richest people around --- and not give it to everyone... or at least to everyone who is doing the exact same thing: managing investments).