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It would turn corporations into tax shelters, allowing investments to compound at a faster rate Is that so bad? Is it bad if we encourage people to invest in b
by hugh3 15y ago
It would turn corporations into tax shelters, allowing investments to compound at a faster rate
Is that so bad? Is it bad if we encourage people to invest in businesses rather than term deposits (or CDs as I think they're called in the US)?
- cperciva 15y agoThat depends on what the businesses are doing. If people set up corporations which do nothing other than hold term deposits, I don't see how that's any better than people directly holding term deposits.