Does anyone have a credible opinion on the effects having having tax free bonds for gov'ts while taxing the returns on corporate bonds. To me, this seems like it only increases the cost of capital for a corporation? In a sense giving the gov't an advantage for growth over a corporation.
Genius!!!
Pure Genius!!!!!
taxthink wrote:
Does anyone have a credible opinion on the effects having having tax free bonds for gov'ts while taxing the returns on corporate bonds. To me, this seems like it only increases the cost of capital for a corporation? In a sense giving the gov't an advantage for growth over a corporation.
The more insane the offers on bonds get, the more assured you can be that the US Gov't is on the verge of bankruptcy.
What is this insanity you speak of? If the USG was having trouble selling bonds the yields would be high?
More genius at work!!!!
The Bush years have cooked us for some time to come, but there is nothing in government bond "offers" that look too terribly insane.
taxthink wrote:
Does anyone have a credible opinion on the effects having having tax free bonds for gov'ts while taxing the returns on corporate bonds. To me, this seems like it only increases the cost of capital for a corporation? In a sense giving the gov't an advantage for growth over a corporation.
"Dad, I can't see so good -- is that Bittker or Eustice sitting over there?"
And here I thought this thread was about how Barry Bonds found a way to not pay taxes...