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Old 12-30-2007, 09:20 AM   #6
fishpoopoo
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Quote:
Originally Posted by Joe View Post
They pay very, very little in income tax.
the taxes of hedge funds are (rightfully) paid by the people who invest in them. like you pay your own capital gains and income taxes in your mutual funds.

you're getting confused with the private equity guys (folks who exclusively invest in businesses - usually privately owned).

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