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Businesses are taxed because they produce income by distributing dividends to shareholders. If you tax Stanford et al to punish them for legacy (I am categorica
by anon291 2y ago
Businesses are taxed because they produce income by distributing dividends to shareholders. If you tax Stanford et al to punish them for legacy (I am categorically against legacy admits, BTW), then you'd have to allow them to declare dividends and distribute to their shareholders. Fair is fair. Truthfully, I doubt Stanford would care.