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"Companies should be able to retain profits to either reinvest in their business or to save for a downturn." Sure except profits end up as dividends or stock b
by nouveaux 7y ago
"Companies should be able to retain profits to either reinvest in their business or to save for a downturn."
Sure except profits end up as dividends or stock buy back. Companies end up with limited cash and will still need a bail out.
- nightski 7y agoSure, if you eliminate corporate income taxes you'd need to increase capital gains taxes as well. But I am having a hard time seeing the disadvantage of that (although I'm not an expert by any means).