Leading the charge is billionaire financial oligarch Tony James, who is COO of private equity giant Blackstone. Mr. James is a generous contributor to Hillary Clinton’s Presidential run, and is listed as a “Hillblazer” by her campaign for having raised at least $100,000 toward her candidacy.
While many Americans already know that much, most of you will be totally unaware of his aggressive plan to force a 3% payroll tax on the public which will be immediately funneled to Wall Street management firms, including “alternative managers” such as hedge funds and private equity. It seems like a very bizarre time to initiate such a proposal considering many public pension funds are actively ditching alternative managers after realizing they’ve been paying extraordinarily high fees for pitiful performance. In other words, they’ve been ripped off.
Billionaire Clinton "Hillblazer" Pushes New Tax That Funnels Middle Class Money To Wall Street
Comments