4 ms·
And what percentage of the population are major shareholders - to the point that their share holding makes a substantial impact or gives them a significant say
by yourmatenate 4y ago
And what percentage of the population are major shareholders - to the point that their share holding makes a substantial impact or gives them a significant say in the running of the company? It is the 1% who own 53% of stocks who are the ones who he and the board listens to.
Are you really happier having a higher burden of taxation because of Buffett and others using these (albeit technically legal) means to avoid paying theirs - whether you like what the government does with those taxes or not?