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jamespetersonau
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by
jamespetersonau
15y ago
Great question. My understanding was that the (primary) purpose of corprate income tax is not to directly collect revenue, but rather to encourage reinvestment by firms in the economy. Increasing CGT would discourage investment. Can others
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by
jamespetersonau
15y ago
Larger firms (ie. those you want to be acquired by ;]) will have a focused corporate finance team whose sole role is to seek out growth through M&A. This M&A team does all the number crunching to make sure that they're adding value