Quote:
Originally posted by sgtclub
Right. And depending on how the deal is structured, there is no guaranty that carried interest will be paid or paid in full.
If they change this, then to be intellectually fair they also should change the tax treatment of ISOs.
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All that said, a conversion to a consumption tax would eliminate any of these shenanigans. If a VC or PE guy wants to take the money and buy a yacht, he gets taxed at 35%. If he wants to plow it back into more investments, then zero tax.
