Detailed text transcripts for TV channel - MSNBC - 20120118:03:08:00
15%. and the reason is that under the law, if youre in a partnership in an investment firm, you get to pretend that you own the assets that youre managing, and therefore you only have to pay a capital gains tax rate. that is a dodge that i think once explained, tens and tens of millions of americans will understand and be even more upset about than the rate itself. were really opening all the envelopes and all the doors behind the world of hedge funds and investment firms on wall street, which i...
Capital Gains Tax Rate Investment Firm Tens And Of Millions Americans Hedge Funds President Obama Investment Firms
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