Bessent Dodged the Medicare Tax on His Hedge-Fund Income. The Courts Forced Him to Pay.
He called it restraint. The restraint was his own.
This cartoon ran with Bessent Dodged the Medicare Tax on His Hedge-Fund Income. The Courts Forced Him to Pay..
Column metadata
- Published
- Pen name
- Hector Rentier
- Primary entities
- Internal Revenue Service, U.S. 2nd Circuit Court of Appeals, U.S. 5th Circuit Court of Appeals, Scott Bessent, Soroban Capital Partners, Point72, Key Square Group, Steve Cohen, Joe Biden, Newt Gingrich, Dianne Mehany, Karen Burke, Walter Schwidetzky
- Themes
- tax policy, federal courts, hedge funds, self-employment tax, IRS enforcement
- Floor values engaged
- Accountability of power, Equality & fairness, Informed citizenship