Re:Taxation of Carried Interest
by hn_throwaway_99 on Saturday June 09, 2018 @11:34PM
(#17276317)
Many hedge fund managers are plenty rich, oftentimes orders of magnitude more than some of their clients.
Yeah and there is that one chef at Google who made $45M. But the average wealth manager has less money than the average founder, and the average founder is broke as shit.
The rich (LPs) aren't the ones getting carry, it's the GPs who get carry.