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Another side of the carried-interest debate

As the debate over carried-interest taxes gains national attention, Robert N. Gordon warns that the levies wouldn't just hit hedge fund managers. Here's why Investors should be worried, too.

Most of the debate over carried interest centers on whether managers of hedge funds, leveraged-buyout funds, venture capital funds and other private investment partnerships are paying their fair share of taxes.

But if Congress changes the carried-interest rules, they could affect investors

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