4 ms·
> was going to write that there's no reason you'd want financial debt qua financial debt. Yes you actually do want debt because it is tax shield. https://en.m
by lowdose 6y ago
> was going to write that there's no reason you'd want financial debt qua financial debt.
Yes you actually do want debt because it is tax shield.
https://en.m.wikipedia.org/wiki/Tax_shield https://en.m.wikipedia.org/wiki/Tax_shield
- dllthomas 6y agoThat certainly makes it more attractive to make deals that involve taking on debt. But note that it's a deduction, so the amount you pay to service the debt will always be more than the taxes you save. If you could simply not have the debt anymore, you would be better off. You still don't want the debt itself.