Buffett gets no advantage if private equity honchos pay ordinary income taxes on carried interestReader comment on: Warren Buffett on Carried Interest Submitted by bob lenzner (United States), Mar 10, 2010 17:09 you missed the pt. he doesnt buy companies, leverage them up, and sell them 3 years later. hes saying the profit they make, carried interest, is really a fee of 20% which is ORDINARY INCOME. Making the top guys at Blackstone pay ordinary income taxes will not give Berkshire any advantage because they buy 100% of companies and hold them forever. Note: Comments are moderated by the editor and are subject to editing. Other reader comments on this item
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