Cruz sugar daddy and 11 Million dollar donor ROBERT MERCER is why CRUZ is mixed up with BECK. If TC did his homework before taking the money and said NO BECK if might have made a difference. By the way MERCER is in 6-10 BILLION to the IRS because of his hedge fund called Rennisance. He paid 12% tax rate and also made the Super Pac of CRUZ Keeping the Promise give Carly 500K to get in the race. MERCER feels that investing 100 M in Cruz or CARLY hedges hit bet that big either get elected that 6-10 BILLION goes away or gets reduced somehow to something much smaller like 1 M. CRUZ is probably kicking himself in the back side now being involved with BECK, The pressure from BECK and MERCER has TC passing out teddy bears and soccer balls welcoming the illegal immigrants into TX last spring at a BECK event. I take the NO DONOR guy any day.
By the way, Donald Trump said he wants to do away with that hedge fund manager loophole, where they get to pay only 12% tax rate off their "investments" – even though it's really their income.
So, as an S Corp. myself, my company pays corporate tax rates around 35% and then as an employee of my company I get to pay a personal income tax on top of that.
While hedge fund guys -- like Warren Buffett and Mercer--lovin' their loophole--are expected to pay only 12% on
their millions!American tax system! God I love it!
(for those new to TBR and to aligncare, yes. That's sarcasm)