--- title: "Meaning & Key Takeaway of: The Economic Policy Institute, a…" description: "\"“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..." image: "https://sms4smile.com/quotes/i/772/jane-mayer-1031_children_the-economic-policy-institute-a-progress_1128650.jpg" --- # The Economic Policy Institute, a progressive think tank… ![“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…” quote by Jane Mayer](https://sms4smile.com/quotes/i/772/jane-mayer-1031_children_the-economic-policy-institute-a-progress_1128650.jpg) [Download](https://sms4smile.com/quotes/i/772/jane-mayer-1031_children_the-economic-policy-institute-a-progress_1128650.jpg) [Open image](https://sms4smile.com/quotes/i/772/jane-mayer-1031_children_the-economic-policy-institute-a-progress_1128650.jpg) > ““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. Congressional”” [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The hedge fund tax break costs billions, benefitting a few wealthy individuals while funding for children suffers. **In simple terms:** Tax loopholes favor the rich, harming public health funding. Key Takeaway Advocate for fair tax reform. Themes economics inequality public policy Mood concerned urgent Type analytical policy When to use this quote - budget planning - legislative advocacy - nonprofit funding - healthcare budgeting Key Concepts tax policy wealth distribution Questions to Reflect On - What policies could close such loopholes? - How can citizens influence tax legislation? A Different Perspective Political resistance can stall reforms despite evidence. ★ ★ ★ ★ ★ No ratings yet [Children](https://sms4smile.com/quotes/about/children/) [Cost Government](https://sms4smile.com/quotes/about/cost-government-2314489/) [Fund Loophole](https://sms4smile.com/quotes/about/fund-loophole-3089580/) [Government Billion](https://sms4smile.com/quotes/about/government-billion-3089581/) [Health](https://sms4smile.com/quotes/about/health/) [Health care](https://sms4smile.com/quotes/about/health-care/) [Hedge fund](https://sms4smile.com/quotes/about/hedge-fund/) [Loophole Cost](https://sms4smile.com/quotes/about/loophole-cost-3089579/) ## Related quotes > [SpaceX has the potential of saving the U.S. government $1 billion a year. 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They want to keep up…](https://sms4smile.com/quotes/charlie-munger/i-ve-heard-that-one-half-of-the-students-at-elite-schools-want-to-go/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I much more enjoy the company of freedom fighters and justice campaigners than I do the company of hedge fund managers.](https://sms4smile.com/quotes/bill-browder/i-much-more-enjoy-the-company-of-freedom-fighters-and-justice/) [Bill Browder](https://sms4smile.com/quotes/author/bill-browder/) > [It is intellectually dishonest to lump venture investors with hedge fund and buy-out investors.](https://sms4smile.com/quotes/jose-ferreira/it-is-intellectually-dishonest-to-lump-venture-investors-with-hedge/) [Jose Ferreira](https://sms4smile.com/quotes/author/jose-ferreira/) ## More by Jane Mayer > [“David Brock, a conservative apostate who became a liberal activist, described the Heritage Foundation, where he was a young fellow, as almost completely under…](https://sms4smile.com/quotes/jane-mayer/david-brock-a-conservative-apostate-who-became-a-liberal-activist/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [“The early think tank was not a spy operation, but it was funded by wealthy men who had no objections to using pretexts and…](https://sms4smile.com/quotes/jane-mayer/the-early-think-tank-was-not-a-spy-operation-but-it-was-funded-by/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [“Americans for Prosperity annoyed some of the Tea Partiers,” recalls the libertarian blogger Ralph Benko. “These people drove up, opened the door, put T-shirts…](https://sms4smile.com/quotes/jane-mayer/americans-for-prosperity-annoyed-some-of-the-tea-partiers-recalls-the/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [“When Barack Obama took office, the fossil fuel industry was not only eager to preserve its perks but also more militant in its opposition…](https://sms4smile.com/quotes/jane-mayer/when-barack-obama-took-office-the-fossil-fuel-industry-was-not-only/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [If you have an informed electorate, it makes great choices.](https://sms4smile.com/quotes/jane-mayer/if-you-have-an-informed-electorate-it-makes-great-choices/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [ One of the oddities of this election is the man that \[Donald\] Trump chose as his vice-president, Mike Pence, is one of the Kochs'… ](https://sms4smile.com/quotes/jane-mayer/one-of-the-oddities-of-this-election-is-the-man-that-donald-trump/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [“The candidates promised to cut taxes for those in the highest brackets, preserve Wall Street loopholes, tolerate the off-shoring of manufacturing jobs and profits,…](https://sms4smile.com/quotes/jane-mayer/the-candidates-promised-to-cut-taxes-for-those-in-the-highest/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [“Amway in fact was structured to avoid federal taxes.”](https://sms4smile.com/quotes/jane-mayer/amway-in-fact-was-structured-to-avoid-federal-taxes/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [“radicals in Congress refused to back down, bringing virtually the entire federal government to a halt for sixteen days in October, leaving the country…](https://sms4smile.com/quotes/jane-mayer/radicals-in-congress-refused-to-back-down-bringing-virtually-the/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [What I write about is how much influence it's had in things like state legislatures and governorships and congressional races. 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