RE: Ever notice how many hedge fund managers play high stakes poker, you know $100,000 and up to $1,000,000 buy in?
So, is it the government’s job to put a stop to it via the tax code?
Should tax code to be used to punish certain behavior and reward certain others?
If so, when does it end and who’s to say what one’s favorite behavior should be rewarded and what one’s hated behavior should be punished?
Strange that you should ask since this thread is about exactly that. A group of people that enjoy a tax advantage that you can't have.