Under the tax laws, interest expense is deductible, but dividend payments are not. Some people have argued
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Under the tax laws, interest expense is deductible, but dividend payments are not. Some people have argued that this is provides businesses an incentive to borrow rather than to sell shares, and has caused the U.S. economy to be too reliant on borrowing. Do you see this as a problem?
Why, or why not?
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Related Book For
Introductory Accounting A Measurement Approach For Managers
ISBN: 9781138956216
1st Edition
Authors: Daniel P. Tinkelman
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