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How would it disincentivize long term investment? In the US dividends are taxed at capital gains. I believe if a company makes $X and gives it out as a dividen
by fighterpilot 5y ago
How would it disincentivize long term investment?
In the US dividends are taxed at capital gains. I believe if a company makes $X and gives it out as a dividend it makes no difference to the investor whether the split between capital gains and corporate tax is 25/25 versus 43.75/0?