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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (46190)9/30/2010 3:35:41 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
The special loophole giving favorable treatment for Hedge Fund owner's "carried interest" sure is.....

The "special loophole" is not the same as "avoiding the tax increase". It also isn't funneling money to hedge fund managers. Its reducing the amount they funnel to the government. You can argue it does so, in an unfair, unreasonable, inefficient, or otherwise negative way, but it still isn't funneling money to them.

The issue is more complex than how you present it, but rather than go around in the same old circles again, I'll just say that its a very tiny part of the overall issue. If you feel it needs to be addressed, then coming up with a proposal for addressing it directly would make a lot more sense than proposing or accepting a general tax hike for millions (or hundreds of millions if all the tax hikes go off as scheduled) just to also raise taxes on hedge fund managers.

Running on the idea of opposing general income tax increases, in no way resembles running on the idea of funneling money to hedge fund owners or managers.