Mel Schwartz, a senior partner at Grant Thornton LLP, and David Marchick, a managing director at the Carlyle Group, discussed the possibility of taxes on carried interest increasing in 2009 at The Deal's M&A Outlook 2009 conference Wednesday morning.
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"It's hard to see the issue of a carried-interest tax increase not being on the table in 2009," Schwartz said. "It's
difficult to see that issue not re-emerging."
"I think the environment has changed dramatically on the carried-interest debate," Marchick added. "It's shifted because there is no
carry. Look at Blackstone's earnings. People can't do deals, and that affects carry." -
George White
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