But even if you think capital gains and income should be taxed differently, carried interest looks like income, not equity, and should be treated as such.

但是即使如果你认为资本利得和收入所得要被收不同的税，附带权益看起来更像收入所得而不是股份，并应该像收入所得一样被对待。

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One school thinks that, even in cases of negative equity, most homeowners will not default if they can afford the payments.

一学派认为，即使在负权益的情况下，如果可以负担还款，大部分房主将不会违约。

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As for taxes, if the code favours debt over equity, it is the tax laws that need fixing, not private equity.

就税收而言，如果法律偏好债务而不是股权，那么是税法需要修订，而不是私人股权。

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Our financial exposure is therefore so far in terms of grants, soft loans, or guarantees, not equity.

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Salary numbers include bonuses, commissions and profit sharing but not equity compensation.

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The twist is that the investments are loans, not equity, and the money goes (for now) only to new solar power developments.

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