Tuesday, December 29, 2009

Harbinger Hedge Fund Why Do Hedge Fund Managers Pay A Lower Income Tax Than Their Secretaries?

Why do Hedge Fund Managers pay a lower income tax than their secretaries? - harbinger hedge fund

Bush is the law that hedge fund managers to pay a rate of 15% of their wages earned. Some of these hedge fund managers to earn two million U.S. dollars per year.

The ten highest incomes, such as alpha-reported magazine:

1 by John Paulson Paulson & Co., has received 3.7 billion U.S. dollars
2 George Soros of Soros Fund Management, will receive 2.9 billion U.S. dollars
3 James Simons of Renaissance Technologies Corp., earned 2.8 billion U.S. dollars
4 Philip Falcone of Harbinger Capital Partners, has earned 1.7 billion U.S. dollars
5 Kenneth Griffin of Citadel Investment Group, earned 1.5 billion U.S. dollars
6 Steven Cohen of SAC Capital Advisors, earned 900 million U.S. dollars
7 Timothy Barakett, Atticus Capital, has obtained 750 million U.S. dollars
8 Stephen Mandel Jr., Lone Pine Capital has obtained 710 million U.S. dollars
9 John Griffin Blue Ridge Capital has obtained 625 million U.S. dollars
O. 10 Andreas Halvorsen, Viking Global Investors has obtained 520 million U.S. dollars

1 comment:

justgood... said...

Since the Bush administration is a government of the rich. While I do not agree, but it fits perfectly with the rest of the conservative distribution of wealth. From the lower and middle class to the surface.

In his new book, economist Dean Baker exposes the myth that conservatives favor the market over government intervention. In fact, conservatives rely on a series of "Nanny state" policies that ensure the rich get richer, so that most Americans worse.
http://www.conservativenannystate.org/

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