Conservative, Liberal Fringe Groups Unite Against Percy
Percy is the world's foremost authority on the proper tax treatment of carried interest. He believes that carried interest should be taxed the same as the gains or income from which it is derived. Click here for all of his carried interest posts.
I've always said that the lunatics on the left and the right would, like they did with pornography, join forces to try to cram discriminatory tax legislation down America's throat. From The Hill:
Some prominent conservatives are coming out in favor of a Democratic proposal to raise taxes on the private equity and hedge fund industries, signaling a break with anti-tax groups and Republican lawmakers on the issue.I'm proud that my position on the proper tax treatment of carried interest is the one embraced by moderates.
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