Hedge Fund Pay Do You Think Hedge Fund Managers Should Pay A Smaller Percentage Of Taxes Than The Rest Of Us?

Do you think hedge fund managers should pay a smaller percentage of taxes than the rest of us? - hedge fund pay

Yesterday, the Senate hearings, and whether managers of hedge funds should be at the same speed as other wealthy people was (hearing of the House) on the broader issue of tax fairness. Yes, it tells you how ridiculous the debate has become. Hedge funds and private equity managers have used a wrinkle in the tax code to pay only 15 percent in the so-called "carried interest", other rich people pay 35 percent (also very low, but c 'is another debate ). And of course this says nothing about the spectacle of people who pay hundreds of millions of dollars or thousands of millions of dollars for a lower tax rate, the person of the middle class. Rep. Sander Levin, a bill (HR 2834) to increase, in fact, the tax rate on "carried interest".

Average salary stands at 500 million. The spring high in the past year, according to Institutional Investor's Alpha magazine reached 1.7 billion U.S. dollars. You only pay 15% capital gains tax rate of variation of 25%, it can pay a teacher