Appeared on April 30, 2014
Wes Gray, PhD, assistant professor of finance, talks to Fox Business about the carried interest tax. “There’s only one thing in the world that I’m really bullish on, and that’s tax rates. And I think they are going up … Governments are going broke,” he says.
His guess? The 15 percent tax rate on carried interest will go up in the next three to five years. “Carried interest is low-hanging fruit for a lot of politicians.”