I don’t think the “companies” are cashing out. Individuals are cashing out because of pending legislation that raises capital gains taxes. The effect of taxes i

I don’t think the “companies” are cashing out. Individuals are cashing out because of pending legislation that raises capital gains taxes. The effect of taxes is to discourage activities that generate taxes to some extent, and this is the effect in action. These people believe they have other, better ways to make money. Or maybe they will simply reinvest back into the same stocks but not have their past gains subject to this new tax rate as a result. I don’t think it is some purposeful funneling of money in the malicious way you’re hinting at.