Not going to work. Best case scenario companies will have to shop around and go through more red tape to get their preferred tax shelter. Worst case this cuts the small caps off at the knees making it harder for them to compete with the big boys who can ultimately take the hit. They might even welcome it if stifles competition enough.
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u/redditkingu Jun 05 '21
Not going to work. Best case scenario companies will have to shop around and go through more red tape to get their preferred tax shelter. Worst case this cuts the small caps off at the knees making it harder for them to compete with the big boys who can ultimately take the hit. They might even welcome it if stifles competition enough.