Bloomberg Technology: As Clinton and Trump Call for Tax Reform, Silicon Valley Must Prove VCs Are Special

“In this election cycle, carried interest has become calcified in a larger economic debate. “It’s become the poster child for inequality,” said Matt Gardner, executive director at the Institute on Taxation and Economic Policy, a think tank in Washington. “When you see these tax breaks that aren’t available to the general population of wage earners, it erodes the public’s faith in the tax system and in Congress.””

Read more