Private Equity “Sex, Lies & Videotape” (Minus the Sex & Videotape), or, “Having Your Cake & Eating it, Too”

Taxing (Wall Street) Labor at Capital Gains Rates:   “Heads I Win, Tails I Don’t Lose” Of all the disingenuous, self-serving, cockamamie lies arguments served up by the leveraged buyout — er, private equity — crowd to protect the (very) favorable tax treatment on their labor (called “carried interest”), the one that rankles the most is...
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