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Richard Stallman's Political Notes

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Tax incentives for leveraged buyouts

dimanche 21 juillet 2019 à 02:00

In support of Senator Warren's bill to cut off tax incentives for leveraged buyouts.

I disagree with part of the argument — namely, arguing from efficiency as the primary goal. There are other important goals, such as avoiding concentration of whatever industry.

These other goals strengthen the case for this law.