In Defense of Carried Interest
(New York Times) — Sometimes, basic common sense can get lost in heated political rhetoric. So can consistency. That has clearly happened in the Congressional debate over whether or not to change the tax treatment on limited partnerships’ carried interest from the capital gains rate to higher ordinary income tax rates. Details of a House bill to raise carried interest taxes were released on Thursday. All the bluster about how it is unfair to give an advantage to this type of income while hard-working Americans pay higher rates has obfuscated how many hard-working Americans benefit in the same way today.
SEE ALSO
- Simone Biles Accepts The 2025 TIME100 Impact Award For Mental Health Advocacy
- Love Or Liability? How Romantic Relationships Really Impact Your Wallet
- Terrence Howard Bashed For Rejecting Marvin Gaye Biopic Over Gay Kiss Scene
- Here’s Why You Should Never Pee In The Shower, According To Health Experts
- Why Women Get The ‘Ick’ More Than Men — It Might Just Prolong Their Lives
![Why Actress Amber Iman Calls 'Goddess' A Love Letter To Black Women In Theater [Exclusive]](https://ionemadamenoire.staging.go.ione.nyc/wp-content/uploads/sites/9/2025/05/17468188616796.png?strip=all&quality=80&w=102&crop=0,0,100,153px)
