[Jane Long]

Trump isn’t attacking hedge funds, just wanting to even the taxpaying field on guys like HF managers...who pay relatively low taxes, compared to the incomes they’re making.

HF managers aren’t paying taxes on ALL of their income....where as you and I are (unless, of course, you happen to be a hedge fund manager :).

We’ll have to see exactly what his proposed tax policy plan is, on Monday.

[Tax-chick]

We don't pay taxes on all our income. We pay taxes on our taxable income (as near as we can calculate) according to the current Internal Revenue Code. Surely hedge fund managers and hedge fund investors do the same - thus avoiding prosecution - or they'd fire their accountants and lawyers and get more competent ones.

Leftists sometimes propose that citizens have a moral obligation to pay more to the government than the law requires. I don't buy it. Less revenue - and therefore less power - to the government is something we should all support.