Re:Wealth doesn't trickle down – it just floods offshore, re...
by tim333 on Sunday April 10, 2016 @05:32PM
(#11468286)
>carried interest [is] not an exception -- it's just how partnerships work
Oh bollocks. Carried interest is blatantly income for the fund managers. Treating it as anything else for tax purposes is down to basically bribing politicians. The whole concept of calling it "carried interest" rather than income is a US only invention.
Oh bollocks. Carried interest is blatantly income for the fund managers. Treating it as anything else for tax purposes is down to basically bribing politicians. The whole concept of calling it "carried interest" rather than income is a US only invention.