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santafe2

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santafe2

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Re: DewDiligence post# 106170

Wednesday, 05/24/2023 12:04:40 PM

Wednesday, May 24, 2023 12:04:40 PM

Post# of 110384
I don't think we disagree. Small companies pay a lot of taxes. The system has been designed like that for decades, if not longer. The current tax system is designed to ensure mega cap companies pay almost no taxes. Roughly twice as many companies now pay no taxes. I wouldn't be so negative about the current 21% rate if there was a minimum AMT. When you compound zero tax, billions in free cash flow, corporations as people and money as speech, democracy has no place in that system.

The stock market is a device for transferring money from the impatient to the patient. - WB

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