[lbo-talk] The tax deductibility of debt

[Max Sawicky]

I meant equity investment like borrowing is used for capital investment.

On Tue, Aug 31, 2010 at 6:26 PM, Max Sawicky <sawicky at verizon.net> wrote:


> In some discussions interest is described as a charge against profit;
> inside a business firm, both dividends and borrowed funds are used for
> capital expenditures, supporting the notion of treating both equally.