Tuesday, July 31, 2007

Tax Loopholes Unplugged

This article is a funny one to read. It involves a tax loophole that allows hedge fund managers to pay capital gains tax (15%) on their earnings instead of income tax (up to 35%), which NRO seems to support. The issue is described here, in a negative light (on FOX News). NRO vs. Fox. Hmmm...

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