Well, I mean, I think that again, you would. Because is there any other industry in the world that you think should have that incentive? Well, I think paying capital gains tax rate on the carry versus paying at the individual rate is something if you're an investor, if you're a passive investor, you're paying the capital gains tax rate. The people who are going out and getting the deals also sometimes have a piece of the deal. Right. And they get a carry on that. (11:29–11:39)
CLAIM
Asserts that carried interest is taxed at the capital gains rate rather than the individual rate.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
