|Has author=Jake Silberman & Catherine Kirby& Tay Jacobe|Has content status=Peer Edit, RevisionDraft|Has processing notes=2/13 Catherine Kirby to look at Jake's last draft and see what more needs to be done. 3/6 Tay has requested access to the document to help in editing and is helping edit, deciding what is next for this post
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Link to Jake's google doc : https://docs.google.com/document/d/1COY0nejVzkuw7646FGTBpbUSL8qh3B4qwgkmYkTfBRwLink to collaborative draft google doc: https://docs.google.com/a/rice.edu/document/d/1Mpn79vOTgcvOaeqCZF9mkYkmdmM5y5tA9vSf_51PuqY/edit?usp=sharing
==Abstract==
To many, the concept of carried interest is confusing or meaningless, and the question as to why anyone would debate something so arcane is even more so. In all likelihood, the concept of the exorbitantly wealthy Wall Street bankers or hedge-fund managers is much more familiar, so we will start from there. The objective of this blog post is to shed some light on the obscure world of "hedge funds," explain why the managers are perceived to pay so little tax, and explore recent political developments that may or may not affect that perception in the future.