Peter J. Reilly has a blog post at Forbes about the taxation of carried interest, or, as he puts it, "the nefarious concept that the evil hedge managers use to turn their service income into capital gains." I can't quite tell for sure if he's sarcastically mocking the over-the-top hostility of those who want to raise taxes on hedge fund managers or if he himself is engaging in such hostility. And I can't quite tell if my failure to be able to tell is a result of my lack of discernment as a reader or the result of a lack of clarity by Mr. Reilly or his editors. FutureOfCapitalism reader-participant-community member-watchdog-content co-creators may want to check the piece out themselves and see what they think, and use the comments thread here to express opinions.
Update: Mr. Reilly says it was an attempt at irony.