The 99% Economy

Repeal the Carried Interest Tax Break

The carried interest tax break allows hedge fund managers and similar money managers at privately held partnerships to treat most of their income as capital gains, allowing it to be taxed at 15% and costing the government billions in tax revenue.

 

http://www.newyorker.com/talk/financial/2010/03/15/100315ta_talk_surowiecki

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