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Why should risking time and risking money get taxed at different rates? GP gets 2% in management fees. That's a guaranteed return for his time. Then 20% of th
by stealthmodeclan 8y ago
Why should risking time and risking money get taxed at different rates?
GP gets 2% in management fees. That's a guaranteed return for his time.
Then 20% of the profits.
- Alex3917 8y ago> GP gets 2% in management fees. Only at the most senior level. Most GPs only get carry, and then maybe 40 - 60k a year of salary if they get any salary at all. And for the ones that do get management fees, they pay normal taxes on that.