Tax and Corporate Lawyers – What do you think?

Tim Russert wanted to know what Rep. Dennis Kucinich would do about the tax structure for hedge funds. Kucinich said he fully supports upping the current 16 percent tax rate. He said one of the reasons the American public is so distressed about the Democratic party is because it has said it wouldn’t do anything about increasing taxes on hedge funds – at least for this year.Former Sen. John Edwards – the only other candidate to get a chance to respond to the question – said Congress started to move to make changes on the tax structure but it was simply shut down by lobbyists.

~ Gina Passarella, Staff Reporter

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