Re:Renaissance executives agree to pay around $7B to settle ...
by xtracto on Friday September 03, 2021 @08:52AM
(#28403471)
Id i understood correctly the teick they tried allowed them to treat short term gains as long term. Reducing their tax fron 35% to maybe 20%. So those 6.9 billion was 20% of their profits. Meaning the full amount of their profits were around 35 billion. That's crazy! A money printing machine.
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