This article appeared on The Daily Caller.

This article appeared on Townhall.com.

The fight over carried interest is likely a proxy battle of taxing capital more broadly.

We should be happy, and not envious, that there are people willing to put their money in long-run investments.

If you’ve been following the presidential campaign, you’ll be aware that there’s a controversy over something called “carried interest.”

The Center for Freedom and Prosperity Foundation (CF&P) released today an “Economics 101” video demystifying the issue of “How Should Carried Interest be Treated by the Tax Code.”

This mini-documentary from the Center for Freedom and Prosperity Foundation explains how carried interest works, and settles the debate over its treatment by the tax code.