Talking Business

November 18, 2013 6:54 PM

Guilt about the ‘plight of labor’ suddenly afflicts billionaire bond king

Bill Gross, the founder and chief investment officer of Pacific Investment Management Co., says that with the wealthy getting a bigger and bigger share of the nation’s income, it’s time to tax capital gains at the same rate as wage income. Whether you agree with Gross or not, I’m sure his column rattled some gilded cages.

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