In a 2011 piece for the New York Times, leftist billionaire Warren Buffett claimed that investment managers are getting “extraordinary tax breaks,” due to the classification of income from managing others’ money as “capital gains.” “Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as ‘carried
MoreRich Uncle Pennybags, commonly known as the mascot from the classic board game Monopoly, showed up on Capitol Hill today to troll Equifax, a corporation whose negligence caused a massive data breach putting the personal credit information of over 100 million individuals up for grabs. The activist wore Pennybags’ signature top hat and distinguished white
MoreInfamous former drug company CEO Martin Shkreli was convicted on three counts of deceiving his hedge fund investors today. He could face up to 20 years in prison for his alleged role in these crimes, but the raunchy whistleblower dubbed ‘Pharma Bro’ for his wild antics isn’t taking his sentence lying down. “My investors made
More