Quote:
Originally Posted by DRS112
Well my arguement is not that corporations are inherantly good or bad...or that they should be trusted...My whole point in bringing up the WACC was to show you how and why raising taxes for the sake of it would be detrimental. And to take it a step farther...it would increase the companies hurdle rate(taken from the WACC), meaning they take on less projects and thus less growth...since it would require larger returns to offset the cost of financing them.
So to what Anahaila and you are talking about...trust them? No...not anymore than I would trust anybody in any other sector of society...no matter what you're going to get bad people doing bad things....
|
No corps are evil. Because evil people use them to make money. It is the sole purpose of their existence. My analogy again, they are a caged bear, they must be controlled constantly, not allowed to do anything without close scrutiny and every penny must be accounted for publicly. Ownership must be transparent and ALL lobbyists must be made extinct.