Showing posts with label Len Burman. Show all posts
Showing posts with label Len Burman. Show all posts

“Pulling cash out of the company—and paying tax on dividends or capital gains—only makes sense if the company’s marginal investments are underperforming by a substantial margin. The cash drain might hurt workers inside the firm, but the redeployed cash will create jobs elsewhere. Overall, the economy gains because the extracted cash is invested in more productive activities." - Len Burman

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“Pulling cash out of the company—and paying tax on dividends or capital gains—only makes sense if the company’s marginal investments are underperforming by a substantial margin. The cash drain might hurt workers inside the firm, but the redeployed cash will create jobs elsewhere.  Overall, the economy gains because the extracted cash is invested in more productive activities." - Len Burman
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