How Kindergarten Teachers Carry Tax Burden of Billionaires • BRAVE NEW FILMS
The top 25 hedge fund managers make more than all kindergarten teachers in the country. Yet they pay a lower tax rate because of something called the carried ...
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And the top 25 hedge fund managers made more than all the kindergarten teachers in the country. It's absurd that some people should make that much money. 25 people should not make more than kindergarten teachers. That's ridiculous. Hedge fund managers are literally making billions and billions of dollars and it's crazy that they pay less taxes than the rest of us. So hedge fund managers because of the carried interest loophole pay the capital gains rate of 20%. But a kindergarten teacher, he or she is paying 25%. They claim that it's supposed to encourage investment and risk, but what's crazy is hedge fund managers aren't investing or risking their own money. They are investing somebody else's money and risking it and then they are getting a tax break for it. S...
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And the top 25 hedge fund managers made more than all the kindergarten teachers in the country. It's absurd that some people should make that much money. 25 people should not make more than kindergarten teachers. That's ridiculous. Hedge fund managers are literally making billions and billions of dollars and it's crazy that they pay less taxes than the rest of us. So hedge fund managers because of the carried interest loophole pay the capital gains rate of 20%. But a kindergarten teacher, he or she is paying 25%. They claim that it's supposed to encourage investment and risk, but what's crazy is hedge fund managers aren't investing or risking their own money. They are investing somebody else's money and risking it and then they are getting a tax break for it. S...
