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The New DU. Reply #23: what I don't understand is why closing the tax loophole would dampen investment
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MH1
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Tue Jun-29-10 12:19 PM
Response to Reply #1 |
| 23. what I don't understand is why closing the tax loophole would dampen investment |
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(yeah I know this is an old thread ... but it is still interesting)
I see all this stuff about how important VC investment is, and I probably agree ... but I don't understand why increasing the tax rate on the portion of investment gains paid to fund managers (now taxing that portion as regular income) would dampen one type of investment over another. Unless of course only one type of investment is targeted. And that seems like an intentional bill-crippler!
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