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by djbebs
1895 days ago
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What's being taxed is the market valuation of the company, not its actual assets/equity. You're taxing people of what other people think the company is worth, not on what the company has. A good example would be McDonald's, its got a 170 billion market cap, but if you were to liquidate the company it would still owe money to creditors and shareholders would get zero |
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