4 ms·
I am still trying to go through everything proposed and well I don't see a final draft somewhere -given that a lot of sub clauses, that are tax critical, seems
by eftychis 5y ago
I am still trying to go through everything proposed and well I don't see a final draft somewhere -given that a lot of sub clauses, that are tax critical, seems to be flying around:
I agree with Tim's tweet and the article: not sure it will actually bring more money. It might bring much less.
Essentially the fundamental assertion this breaks is that the stock market is going to stay the same. This might be a great tool now for predicting stock upper value: you are the majority owner and have to decide if you are going to do a buyback or liquidate corporate stock. If your paper value is close to a billion of money you will never see but will pay taxes to, I think you have a strong incentive to keep control of your company and screw the rest of your investors, who would love a buyback as that is the tax effective way of making money of stock right now. Maybe dividends will do a comeback? Regardless, I would be surprised if some stock -- say tesla -- remain high.
So a lot of small investors / average Joe get to declare tax losses so that a big fish that has greater control on the stock price might declare wins???
I am missing some clause I guess. I am not touching IPO implications as that is anothwr minefield and a lot of other threads are discussing it