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A comment on Media Owned by Wealthy Are Quick to Tell You Wealth Taxes Are a Bad Idea. Parent comment

Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes... by tw04 on Thursday October 22, 2020 @02:08PM (#24861182)
>And especially investors have a case that higher corporate taxes reduce the value of their investments, possibly to the point of not making them.

I know you aren't arguing against higher taxes, but my response to that is... and? Does Target benefit more from some random hedge fund buying up $20 million of their shares? Or from consumers buying $20 million in goods from them? Once a company has gone public, unless they're trying to do another round of funding, the share price is almost meaningless beyond the ghost of being taken over by another entity.

This belief that institutional investors mean more to the health of a business than ACTUAL SALES is baffling to me (not saying that's your stance).

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Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes... by conanbatt on Thursday October 22, 2020 @02:46PM (#24861779)
> This belief that institutional investors mean more to the health of a business than ACTUAL SALES is baffling to me (not saying that's your stance).

Investors making money means more money to invest, which creates more companies and services.

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