[lbo-talk] The tax deductibility of debt

Doug Henwood dhenwood at panix.com
Tue Aug 31 20:52:56 PDT 2010


On Aug 31, 2010, at 6:28 PM, Max Sawicky wrote:


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

Rarely, actually. Equity is used to cash out founding investors, etc. It has little to do with funding capex.

Doug



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