---------- Forwarded message ----------
From: barry levine <levinebar@gmail.com>
Date: Fri, Sep 18, 2015 at 6:30 AM
Subject: re:Carried-Interest Tax Break Divides Again, After Trump Revives the Issue
To: "letters@nytimes.com" <letters@nytimes.com>
To the Editor:
As mr. Maloney says, on the matter of taxation in general, and on carried interest in particular, "there is a lot of misinformation out there,”. The scandal of carried interest is not that the investment manager is rewarded for the investment's good performance. It is that for many on Wall Street, their contractual remuneration (what for anyone else is "salary" and therefore subject to ordinary income tax) is misdefined as "carried interest" and accorded the lower tax rate.
As important as keeping track of our money is keeping track of our information, of our misinformation, and of who is pumping out that misinformation. Mr. Maloney is among the pumpers-out.
Barry Haskell Levine
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