George #Soros and other #HedgeFund managers have a huge deferred Tax Bill due in a couple of years – Bloomberg Business

Many hedge fund managers used the tax deferral strategy which was abolished in 2008 by President George W. Bush. The Congressional Joint Committee on Taxation estimated in 2008 that the new rules would generate about $25 billion in revenue for the U.S. Treasury over the ensuing decade, including $8 billion in 2017. 

See the whole article on how Soros accumulated his billions on Bloomberg:  George Soros’s Tax Bill – Bloomberg Business

Sharevar addthis_config = { ui_cobrand: “The MasterFeeds”}http://s7.addthis.com/js/250/addthis_widget.js#username=masterblog

The MasterFeeds

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s