Taxation of Carried Interest
We can argue rules, technicalities and definitions, but here&#x27;s the overriding one: Everyone needs to pull their weight, pay their share. Nobody is more important than anyone else.<p>Pulling your weight means equal sacrifice. It might be hard to calculate the equal sacrifice of someone making $20,000 and someone making $20,000,000, but I can tell you that $1,000 (EDIT: or 20% of income) is a heck of a lot more sacrifice for the former than the latter.<p>I&#x27;m sick of people complaining about pulling their weight or saying they are too important to do so. Should taxes (and other laws) now be contingent on the government&#x27;s judgment of your importance? I suppose the unimportant poor should cover the share of these extra-important wealthy.<p>Personally, I&#x27;m kind of proud to pay my taxes and contribute to the enterprise of my democracy.