Saturday, February 9, 2013

Avoid the Sequester with Real Balance

The discussion around averting the sequester brought the following comment.

From elfish as a comment on Huff Post:

""Notably absent from the revenue component of the bill is a hike in the tax rate on carried interest, the income stream for financial managers."

If people really understood "Carried Interest" deductions, they'd demand that it be stopped.

It is gives a Big Tax break to people who don't deserve it and have done nothing to earn it:

1. CARRIED INTEREST. Carried Interest

No comments:

Post a Comment