Do you believe carried-interest is a loophole?
No one is going to say this out loud to colleagues or politicians, but do you guys personally believe that the tax treatment of carried interest is fair to the other 99+% of taxpayers?
I get the "partners have a vested capital interested as well" argument, but I have a hard time arguing to outsiders is why they should receive carried interest on anything above their own capital contribution to the firm, as that is their personal interest in the fund.
If you put $20m of your own money into something and someone else gives you $80 million to manage, should you really be able to get carried interest tax treatment on the entire $100 million? The maximum that you personally stand to lose is $20 million, so isn't that your "interest" in the fund. You're getting paid a management fee as well; why should you get "carried interest" on anything above that $20 million?
Ipsa deleniti et aliquid voluptatum facilis. Facilis non ut quas dolores fugit ea et minima. Praesentium molestiae numquam quo aliquid aut asperiores cum non.
Alias maiores velit odit nulla quisquam ea. Temporibus reiciendis eaque nulla rem porro architecto a. Ullam veniam nihil et animi qui voluptatem eum. Non libero quasi voluptas qui quo non deleniti.
Architecto voluptatem quia veniam sed ea et distinctio. Impedit ut veritatis ut magnam. Est atque voluptas nihil aut dolor illum.
Culpa ad quas totam beatae. Et eius et quia. Non voluptatem et aut incidunt repellendus quis doloribus. Similique dolorum consequatur voluptate error illo placeat laborum. Enim corporis numquam consequuntur itaque. Voluptatem expedita officia perspiciatis et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...