2 ms·
Technically the FAANG profits are somewhat reflected in the stock price. With their 20-50% in annual gains, holding stock in some of these allows you and retire
by dzink 8y ago
Technically the FAANG profits are somewhat reflected in the stock price. With their 20-50% in annual gains, holding stock in some of these allows you and retirees and other US stockholders to partake in the gains. The stock growth then rewards tax shifters vs non-tax shifters. This is essentially a wealth shift from tax global tax revenue that gets distributed by politics to global shareholders who are able and aware enough to invest in US fast-growing corporates (while possibly bubbling stock prices a bit).