Myth No. 4. Applying the long-term capital gains rate to carried interest is a government subsidyReader comment on: Seven Myths About Romney's Taxes Submitted by Bob (United States), Jan 24, 2012 10:49 Yes figures don't lie but liars can figure , while your math is correct the real difference is that to the investor it is passive income while to the manager it is treated as passive income but should be treated as earned income for services rendered and taxed at the rates for earned income! Note: Comments are moderated by the editor and are subject to editing. Other reader comments on this item
Comment on this item |
ADVERTISEMENT |