For their business or for personal use with their personal income?For their personal use. Currently their capital gains are taxed at 15%, they would be paying 23% when they spent that money under the FairTax. A reduction in the real value of their return.
Thanks. That makes sense.
I didn't realize that income for professional investors was considered capital gains. I never even thought of it and assumed they derived their income from the fees they charge their customers. I reinvest my dividends so I have not had to deal with that yet.