A new Bloomberg poll shows 68% of investors say Obama's policies are "detrimental to the U.S. investment climate." That's despite soaring corporate earnings and a huge bounceback in stock prices during his administration. Somewhere, there's a disconnect.
Private equity investment managers in the U.S. typically pay a capital gains tax rate of 15%, while most people who earn ordinary income or bonuses have to pay the IRS up to 35%. A bill in Congress aims to close that loophole.