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Only if you ignore opportunity cost. Cash waiting to be deployed when you know there are better opportunities in the future has far more value than just distri

Only if you ignore opportunity cost. Cash waiting to be deployed when you know there are better opportunities in the future has far more value than just distributing it as dividends, or worse, make bad investments and miss that better opportunities.

Obscurity4340 3y ago
But I feel like you're low-key saying we should never be moving money a single inch cuz the unicorn opportunity fairy might precipitate. Why do we even make them pay taxes, what if they had that tax money for their M&A department? Where does the logic end? Does't the money ever get bedsores from all the luxuriating you're advocating for here? Edit: also who's saying this wouldn't be applied symmetrically across the market to the extent that it fundamentally moots the issue of any one specific player not being ready and liquid enough to pounce on the opportunity. If everyone rises or falls in turn, the abillity to engage in opportunities wouldn't appear to be fundamentally altered since the aggregate abillity to pay would be conserved in some sense, if only proportionally so)
- zooq_ai 3y ago
  1) The market will self correct. Not everyone has the long term vision or efficient capital allocation like Buffett. If this encourages more Buffetts then it's a great outcome for the society. 2) Corporations absolutely should pay 0% taxes. Why do we tax entities that provide employment, innovate and provide goods and services? It's so backwards. The amount of time, money and resources spent by corporations avoiding taxes can be used for other productive purposes. All taxes should be captured at an individual level. Corporations should only be taxed for usage of non-renewable, public goods so that they are incentivized to optimize for that
  - Obscurity4340 3y ago
    That comment I made about the money getting bedsores, what would you classify that as? Like I get its exaggerating or something but I can't quite put my finger on what its doing? Seems like a humorus melding of literal/figurative or something

Obscurity4340 3y ago

But I feel like you're low-key saying we should never be moving money a single inch cuz the unicorn opportunity fairy might precipitate. Why do we even make them pay taxes, what if they had that tax money for their M&A department? Where does the logic end? Does't the money ever get bedsores from all the luxuriating you're advocating for here? Edit: also who's saying this wouldn't be applied symmetrically across the market to the extent that it fundamentally moots the issue of any one specific player not being ready and liquid enough to pounce on the opportunity. If everyone rises or falls in turn, the abillity to engage in opportunities wouldn't appear to be fundamentally altered since the aggregate abillity to pay would be conserved in some sense, if only proportionally so)

zooq_ai 3y ago
1) The market will self correct. Not everyone has the long term vision or efficient capital allocation like Buffett. If this encourages more Buffetts then it's a great outcome for the society. 2) Corporations absolutely should pay 0% taxes. Why do we tax entities that provide employment, innovate and provide goods and services? It's so backwards. The amount of time, money and resources spent by corporations avoiding taxes can be used for other productive purposes. All taxes should be captured at an individual level. Corporations should only be taxed for usage of non-renewable, public goods so that they are incentivized to optimize for that
- Obscurity4340 3y ago
  That comment I made about the money getting bedsores, what would you classify that as? Like I get its exaggerating or something but I can't quite put my finger on what its doing? Seems like a humorus melding of literal/figurative or something