LOL, I’m not going to give finance 101 lessons. We need less burdensome taxes for everyone to encourage investment and innovation. We don’t need to penalize those people that do take those risks just because, like Obama says, “at some point you’ve made enough money”. And we don’t need to tax certain groups of people differently for long term investments just because they make more money doing it.
“And we don’t need to tax certain groups of people differently for long term investments just because they make more money doing it.”
Hedge fund managers do not deserve tax breaks others don’t get. Why do you defend them so. Are you a Democrat like the majority of them are, also?