“To our way of thinking, tax hikes have to be part of the equation, tax hikes for the billionaires and for the hedge funds in terms of carried interest, but we’re talking about corporations as well. Corporations have the lowest tax rate on a historical basis. 10% of GDP that they’ve had over the past century. Those that would suggest that corporations won’t invest unless their taxes are reduced are sadly mistaken.  It needs to be a balanced approach and it needs to be significant.”

-Bill Gross, manager of the world’s largest mutual fund: PIMCO TOTAL RETURN FUND