Well I've talked to numerous people who benefit from carried interest. I always ask them can you explain to me why that's not ordinary income? And they can't. It Carried interest... is ordinary income. Speaking to other ones that are pretty big into it. They do make a pretty powerful case that you know all, all these deals, all these structures, all these business … (24:06–24:15)
CLAIM
Asserts that carried interest should be classified as ordinary income.
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