Showing posts with label Equity financing. Show all posts
Showing posts with label Equity financing. Show all posts
Sunday, February 1, 2009
Resolved: that Retained Earnings are too valuable to be entrusted to management
I think this is as good an argument as any for making corporate dividends tax-deductible at the source. This should force a higher rate of disgorgement as well as oblige CEOs to go to their stockholders for equity financing.
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