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Economist Weighs Value of Primary-Care Physicians Compared to Hedge-Fund Managers

Uwe E. Reinhardt, an economics professor at Princeton, posted a provocative essay on the New York Times web page on Friday, titled, "If Primary-Care Doctors Were Taxed Like Hedge-Fund Managers."

Professor Reinhardt explains 'carried interest' and concludes, "As long as this tax preference accorded private-equity and hedge-fund managers remains on the books – presumably because they are deemed precious and important to our country – why doesn’t Congress treat full-time primary-care physicians as equally precious and important? That would show we really are serious about an acute shortage of primary-care physicians." Click the link above to read the full article.