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Tax Lawyer, Vol. 62, No. 1 COMMENT 241241COMMENTFinding the Right Balance: A Critical Analysis of the Major Proposals to Reform the Taxation of Carried Interests in Private EquityThe booming private equity industry has recently been the subject of a hotly contested tax controversy that has garnered the attention of the media, tax academics, and politicians. The controversy surrounds the taxation of carriie interest, which is the share of a private equity fund’s overall profits given to the fund’s...