Biden Will Crush Wall Street Bonus?

Biden will bring damage to Wall Street bonus while Trump will bring prosperity to Wall Street bonus. You should really vote Trump if you still want good bonus 

If you are a trader at VP level or above, $400k annual earning is not that hard. But you are still not rich, so how can Biden increase tax on you??!!

Bump

If R keeps the senate we good...if not...then I'm not sure

Looks like hedge funds will also suffer from increased tax burden if dem party indeed want to raise capital gain tax.

I have been modeling Biden’s tax impact on our portfolio companies. It is absolutely horrible. What Biden is doing is to force companies leave profits and jobs outside US.

Sad truth, Wall Street compensation will get worse and worse under dem ruling 

I am so inclined to vote Trump even though I disagree on many things.

but then again, for an aspirational Wall Street worker, money is the reason why we choose this job at first

You guys are absolute retards. If you truly are the income maximizing capitalists you claim to be then you should vote for a president that actually respects democratic checks and balances which are put in place to prevent arbitrary use of power. This increases long-term stability and will maximize your income over your lifespan. Stability is much better than having a couple of Trumps one year (perhaps including bigger bonuses, perhaps not) and some Bernies the other year. 

What exactly in Biden's record would lead anyone to believe he would give Wall Street a hard time? The dude has spent his entire career in Wall Street's pocket, that won't change after this election.

Regarding bonuses, regulation etc... I would suggest applying a long-term greedy philosophy. A certain very famous and successful HF manager would argue that policy has reflexively diverged so far from reality at this point that the regulatory pendulum is due for a very strong swing the other way. Keep pushing it in the current direction at your own peril.

Lol give it a break. From what I can gather Biden will only increase effective tax on people making above 400K by a single digit percentage. You can live without it. 

Also it seems that Biden is pulling more money from Wall Street than Trump by multiple factors. Not to mention the new GS report that Biden presidency would be better for the economy.

I hope that Biden wins the presidency, the Senate stays Republican and rejects increase in corporate tax. Also from economics perspectives, WE NEED to raise more tax revenue to pay off all the debt (which is acceptable even from a neo-classical view. M Friedman verbatim "only good reason for tax increase is a temporary increase to pay off the national debt"), especially after Trump blew up the deficit and didn't cut much government spending (where are you all the other deficit hawks? I'm still here).

Hopefully Biden presidency will be more like Clinton presidency- with good neo-Keynesian practices that will result in budget surplus and a balanced economy where people aren't complaining about inequality.

Never forget, ever since the Russian revolution, the most effective tactic to fight off full on socialism/communism was to give a piece of socialism (by temporarily increasing redistribution of wealth) to satisfy people's needs. The UK did that with the NHS, S.Korea did it with their land seizures and 4 basic public insurance programs, West Germany with Social Democracy, Sweden with increased redistribution of wealth through increased tax rate (Sweden is definitely not Socialist when you look at their government spending as a percentage of GDP, much much lower than the US actually).