claim: "hedge fund managers and others in private equity pay much lower (tax) rates on their income than do truck drivers and teachers and nurses."
author: tammy baldwin
evidence_1: sep 8, 2015 ... that's still the case for all except the truck driver if they had one dependent ... he  said that he paid a lower effective tax rate than the other workers in his office. ...  money with money,” as buffett put it, can still pay lower effective tax rates ... let's  start with hedge fund managers, or private equity fund managers.
evidence_2: tammy baldwin · "hedge fund managers and others in private equity pay much  lower (tax) rates on their income than do truck drivers and teachers and nurses.".
evidence_3: nov 18, 2015 ... levin, patriotic millionaires urge congress to close carried interest loophole ...  close the carried interest loophole and ensure that fund managers – including  those in private equity – pay the same tax rates as the vast majority of ... pay a  lower effective tax rate than some truck drivers, teachers and nurses, ...
evidence_4: apr 14, 2015 ... “there is something wrong when hedge fund managers pay lower tax rates than  nurses or the truckers that i saw on i-80 as i was ... some hedge fund managers  and private equity firm partners, among the wealthiest ... tax rate, which is lower  than the ordinary tax rate, on large portions of their incomes.
evidence_5: mar 21, 2016 ... carried interest income is taxed at capital gains rates, which are 50 percent less  than what ordinary americans pay on their wages. ... the authors defended the  fact that hedge fund managers on wall street pay less as a percentage of their  income than teachers, firefighters, truck drivers and nurses.