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I would propose a M+A Tax graduated at roughly the same rate that income taxes are, the main point being to discourage consolidation.
by GauntletWizard 3y ago
I would propose a M+A Tax graduated at roughly the same rate that income taxes are, the main point being to discourage consolidation.
- Racing0461 3y agoTaxes are too passive. I want the FTC to be able to break up companies on an ongoing basis a la standard oil.
- mixdup 3y agoheh, the reason this is even happening now is that the special tax treatment WBD got at the time WarnerMedia and Discovery merged to make it a tax-free transaction for AT&T is expiring, and now they're eligible to apply it again to a new deal Not only does the tax code not discourage consolidation, it actually encourages it