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Force a single line item vote to remove the Carried-Interest classification for taxable revenue.

Created by A.M. on December 05, 2012

This position is to force to vote to repeal the carried-Interest tax exception.
In so much as Hedge fund managers commissions are payment for a service, money made is earned income. As Warren Buffett stated: If you believe in taxing people who earn income on their occupation, I think you should tax people on carried interest.
Second, the majority of non-entitlement spending is designed to police and regulate society. A strong stable society allows for a healthy market. The signers of the petition assert that the profits made in the US Market are dependent on a strong and trusted Federal structure. They should be expected to contribute equally to the Federal government.
The central argument against the petition is based on a sophism: that greed is an elastic vice.

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