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Cynmark24

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Cynmark24

Re: pray post# 1206

Wednesday, 07/26/2023 11:30:17 AM

Wednesday, July 26, 2023 11:30:17 AM

Post# of 1454
Bur Pray. You are disbursing cash to get those deductions. It's not like getting a depreciation deduction. And yiu are paying back the debt for which there is no deduction. The tax benefit is only up to the tax rate you are paying at.

I am not against debt when needed or to get leverage. Does Rivian need to have outstanding debt right now? If so, no problem. If used to get a tax deduction, that makes no sense.
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