• someguy3@lemmy.world
    link
    fedilink
    arrow-up
    17
    ·
    4 months ago

    The carried interest tax deduction allows private equity investment managers to pay a lower 23.8% tax rate on the capital gains passed on to them as compensation rather than the top income tax rate of up to 40.8% they would pay on the same amount if it were considered wage or salary income.