Because the majority of income earned by a private equity fund is dividends and long-term capital gains both of which are currently subject to a preferential 15% tax rate these service partners can effectively convert what many believe should be ordinary compensation income taxed at 35% into investment income taxed at a mere 15%.
President, congressmen, lobbyists, lawyers: all are subject to rules on how you can raise political funds, what kinds of conversation might besubject to subpoena, what constitutes a conflict of interest.