Tax Time

Here’s a happy thought for the holiday season.

Held Hostage by a $50 Billion Tax Loophole for the Privileged Few

I’m sure that some, or even many of you have heard of the Alternative Minimum Tax (“AMT”). And if you haven’t, then chances are that you will before this year is over. Now, I don’t want to talk about the details of the AMT or bore you with any tax-like analysis that will make your eyes glaze over so don’t worry. I will however, talk about how a couple of loopholes that pretty much only benefit hedge fund managers is holding hostage a temporary “patch” or fix to the AMT [...]