Category Archives: Politics

Everyone should be a hedge fund manager!

Carried interest allows hedge fund managers to pay a 15% tax rate on their incomes. Why can’t us chumps get that same deal? Obama mentioned removing it during his campaign, another broken promise.

Update: I really think that 15% if you run a small hedge fund is fine! But if you’re making over 150k a year you should pay 45% on the income derived after 150k a year. That’s just excessive.