Not exact matches
Under current law, high - income fund partners pay the long - term capital gains
rate of 20 percent on their carried interest income, instead of the 39.6 percent individual tax
rate that applies to the
ordinary wage income of high earners.
Wage rates, as measured by average weekly
ordinary - time earnings of adults working full time (AWOTE), increased by 1.3 per cent in the three months to February and by 4.6 per cent over the year (Graph 19).