(Forbes) Earlier this year, Hillary Clinton went to Monticello, Iowa, and slammed the way hedge fund managers are taxed, saying “there’s something wrong when hedge fund managers pay lower tax rates than nurses or the truckers that I saw on I-80 as I was driving here.”
But as voters in Iowa get ready to caucus on Monday night, it is becoming clearer than ever that richly paid hedge fund managers are a big financial force in this year’s presidential election contest, playing a big role in both the Republican and Democratic contests.