Even though I have no problem with hedge-fund managers paying more taxes, I am not sure what it has to do with fixing the economy. Yes, to a socialist mindset the appeal may simply be the effect of “equalizing” it a bit more, but in practical terms I would say it is nowhere near top-priority. Politics can make a show of “fixing” the problem by finding a scapegoat and then getting back to business as usual, but will this solve the problem of an economy living precariously on the edge? Is this the best that the Government can do? Will we ever see more concrete policy changes instead of populist posturing which can think of nothing but CEO pays, Wall Street bonuses and “equalizing”? I wonder.
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