Buffett gets no advantage if private equity honchos pay ordinary income taxes on carried interest
Reader 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.
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|⇒ Buffett gets no advantage if private equity honchos pay ordinary income taxes on carried interest [61 words]||bob lenzner||Mar 10, 2010 17:09|
|Buffett's Free Ride [49 words]||anonymous||Mar 9, 2010 20:04|
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