Re:Paradise Papers: Dear Tim Cook
by jamesblonde on Wednesday November 08, 2017 @11:17AM
(#15653859)
But you know that even if you eliminated corporate tax, companies would not pay out profits as dividends, if there was a loophole around it. And there are loads, of course. Share buybacks, for example.
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Yes, you'd have to also tax capital gains at ordinary rates to capture this. I think capital gains should only have inflation adjustments to their basis, they don't need their own special rates.
Re:Paradise Papers: Dear Tim Cook
by tengbretson on Wednesday November 08, 2017 @12:36PM
(#15654696)
From the perspective of an investor, there's really not all that much difference between a buyback and dividends.