来自《耶鲁大学开放课程：金融市场 第20集 第20集》
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In other words,换句话说 -
this has been going on for longer than I've been alive--这问题早在我出生前就已经存在了 -
that this has been a capital gains treatment item.如何对待资本增值问题 -
The way carried interest works is,附带权益的分配方式是 -
we get a 20% share of the profits of any investment在扣除一些最低投资回报率后 -
over some type of hurdle rate, which is a minimum return.我们从投资回报中获得20%的分成 -
In our case, usually it's around 8%.根据以往情况 最低投资回报率通常在8%左右 -
To get this carried interest,为了获得附带权益 -
we have to invest significant monies in our funds,我们必须用基金里庞大的款项去投资 -
which is totally unlike normal compensation.这不同于普通报酬 -
Most people--to get--大多数人... -
some people in the government want to characterize this一些政府部门的官员想将其归类为