It wasn't fair of me yesterday [1] to pick on just hedge fund managers for lobbying to protect their discount income tax rate, instead of closing that loophole to pay for preventing an unfair expansion of the Alternative Minimum Tax.
Because it's not just hedge fund managers, but private equity moguls as well.
Who's the kind of guy getting this sickeningly sweet tax deal?
Brave New Films [2] wants to you meet Henry Kravis.
And then, sign up for Brave New Films' new campaign the War on Greed [2]. The first stage: taking your ideas [3] for what you would do with Kravis' many mansions.
As Congress grapples with AMT, you're probably going to hear a lot of knee-jerk anti-Congress sentiment in the media [4], that all of Congress are a bunch of boobs that write dumb laws then can't get their act together to fix them.
But the disagreement in Congress about paying for the AMT fix is about something: whether or not billionaires like Kravis should pay their fair share to keep our democratic government going and our nation thriving.
Which of course, is what the AMT is supposed to be about in the first place.
It's not just hedge fund managers who are lobbying to protect their discount income tax rate instead of closing that loophole to pay for preventing an unfair expansion of the Alternative Minimum Tax. Brave New Films [2] wants to you meet Henry Kravis.
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Links:
[1] http://commonsense.ourfuture.org/disconnect
[2] http://warongreed.org/
[3] http://bravenewfilms.org/blog/20619-fight-the-war-on-greed-and-you-could-be-in-our-next-video#comments
[4] http://transcripts.cnn.com/TRANSCRIPTS/0712/04/sitroom.01.html