Eddie S.
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“The [carried-interest] loophole was in essence an accounting trick that enabled hedge fund and private equity managers to categorize huge portions of their income as ‘interest,’ which was taxed at the 15 percent rate then applied to long-term capital gains. This was less than half the income tax rate paid by other top-bracket wage earners. Critics called the loophole a gigantic subsidy to millionaires and billionaires at the expense of ordinary taxpayers. The Economic Policy Institute, a progressive think tank, estimated that the hedge fund loophole cost the government over $6 billion a year—the cost of providing health care to three million children. Of that total, it said, almost $2 billion a year from the tax break went to just twenty-five individuals.”
― Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right
― Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right
“For too many of us, the occasional binge becomes habitual. That extra drink at the party turns into substance dependence. Procrastinating on a deadline unfolds into life dreams that are not pursued. Picking fights with the people you love becomes a method for avoiding the intimacy you so desperately crave.”
― A Liberated Mind: How to Pivot Toward What Matters
― A Liberated Mind: How to Pivot Toward What Matters
“History shows that it does not matter who is in power or what revolutionary forces take over the government, those who have not learned to do for themselves and have to depend solely on others never obtain any more rights or privileges in the end than they had in the beginning.”
― The Mis-Education of the Negro
― The Mis-Education of the Negro
“Battle is only one of the ways to destroy an enemy’s will to fight. Massacre can accomplish the same end with less risk, and Mason had determined that massacre would be his objective.”
― A People's History of the United States
― A People's History of the United States
“the industrial and political elites of North and South would take hold of the country and organize the greatest march of economic growth in human history. They would do it with the aid of, and at the expense of, black labor, white labor, Chinese labor, European immigrant labor, female labor, rewarding them differently by race, sex, national origin, and social class, in such a way as to create separate levels of oppression—a skillful terracing to stabilize the pyramid of wealth.”
― A People's History of the United States
― A People's History of the United States
Eddie S.’s 2025 Year in Books
Take a look at Eddie S.’s Year in Books, including some fun facts about their reading.
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Biography, Business, Ebooks, History, Humor and Comedy, Memoir, Non-fiction, Psychology, Self help, and Sports
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