Carried Interest Debate Cont.: The Death of Sweat Equity?
| July 2, 2007 |  View for printing |
Fred Wilson has a post up this morning http://avc.blogs.com/a_vc/2007/06/th ... ed-int.html on the carried interest debate in which he advocates taxing all carried interest as ordinary income. As I mentioned in my own post last week http://billburnham.blogs.com/burnham ... an-com.html , while I think that the evolution of the investment management business argues that some changes to the tax treatment of carried interest are theoretically justifiable, I do not believe that a wholesale condemnation of carried interest is justified or advisable.
Bill Burnham
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