The Medieval Geniuses Who Invented Carried Interest and the Modern Barbarians Who Want to Tax It

It's no secret that both Donald Trump and Hillary Clinton fail to understand that taxation is theft. Instead, they use class warfare to condemn what is commonly referred to as "carried interest." Venice implemented carried interest almost 1,000 years ago and watched their economic mobility skyrocket. Eliminating it would be a step in the wrong direction economically and historically.