Interesting discussion on the raising of tax rates on hedge fund

[truedelphi]

And other money maneuvers.

Apparently Obama promised that the profits made by hedge fund managers and other financial types woyul dbe raised fromthecurrent 15% to 35% and this guy, Schwartzman is now having a cow.

"Newsweek" ran the article and the good minds over at http://www.tinyrevolution.com/mt/

Are busy discussing it.

I found it intersting that among the eighteen comments, one was that the entire set up of the Big Money Types paying their taxes at only the Fifteen Percent rate was never even made into a law.

So it can certainly be revoked at any point in time.