A story from Bloomberg News service last August said this: “Democrats are collecting more than two-thirds of the campaign donations from employees of the biggest hedge funds and buyout firms, as the party taps into one of Wall Street's fastest-growing sources of wealth.”
So, how’s that for gratitude?
It shouldn’t come as any surprise that the Democrats were going to find ways to raise taxes on most Americans. They don’t have to say anything. That’s what they do.
But these smart hedge-fund operators really deserve what they are getting from the Democratic majority that they largely delivered.