IT’S A SMALL CLUB AND YOU’RE NOT IN IT

Not only do these guys “earn” obscene amounts of money in the rigged casino called Wall Street, they have a tax deduction written just for them called the “carried interest deduction”. It allows them to pay absolutely no taxes on the earnings related to their fund’s performance. Most of these guys pay little or no taxes on these “earnings”. A garbage truck driver making $50,000 per year probably pays more in taxes than some of these billionaire hedge fund managers. That’s called winning in the oligarchy we call America.

Infographic: The Globe's Highest-Earning Hedge Fund Managers | Statista
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