Fri May 10 2024, by Tyler Gardner

Tax StrategiesCarried InterestWealth ManagementHedge FundsInvestment Profits

Tyler?

Yep.

Says here you made 5 million dollars last year?

Yep.

Can't wait to get our hands on 37% for taxes.

I'll give you 20%.

You can't just make up the rules.

I'm rich.

Of course I can.

I don't pay myself a normal salary.

Then where did that 5 million come from?

That's considered carried interest.

Who told you about carried interest?

I follow Social Cap.

I pay myself from the money we make for running our hedge fund.

That's what the rich do.

Because it's considered an investment profit, it's taxed at...

20%?

See how I kind of did make up the rules there?

I don't like you.

I don't like myself sometimes.

Source