4 ms·
He and his wife own 100% the company so it might be better to hold on to the cash for tax purposes than pay themselves a lot because tax on payroll is pretty hi
by belltaco 3y ago
He and his wife own 100% the company so it might be better to hold on to the cash for tax purposes than pay themselves a lot because tax on payroll is pretty high compared to company's cash sitting in the bank.
I think the offer he mentioned was $100M for LTT.