Odd Economics Of The Day – Corporate Tax Avoidance Reduces Corporate Profits – Forbes

Odd Economics Of The Day – Corporate Tax Avoidance Reduces Corporate Profits – Forbes
Odd Economics Of The Day – Corporate Tax Avoidance Reduces Corporate ProfitsForbesIt has to be said that this isn’t the way that you’d normally think about it. But this is the assertion: corporate tax avoidance actually reduces the profit that companies make. The mechanism is that the tax avoidance increases the cost of capital to …
Odd Economics Of The Day – Corporate Tax Avoidance Reduces Corporate Profits – Forbes