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...Read More
The Virtue of a Well-Stocked Pipeline If you’ve never made a living 100% on commissions — and not selling apparel or widgets, but big-ticket, capital items like homes — it can be terrifying. Not only are the paydays few and far between, but, especially in today’s housing market, there seem to be more steps along the...Read More
