1996-11-18 - Re: Taxation Thought Experiment

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From: dlv@bwalk.dm.com (Dr.Dimitri Vulis KOTM)
To: cypherpunks@toad.com
Message Hash: 01abc7573dc3ec8c67072060837a83946a3a3cd0463e9f2070576592deccb143
Message ID: <oHNkXD8w165w@bwalk.dm.com>
Reply To: <wk2JXD35w165w@bwalk.dm.com>
UTC Datetime: 1996-11-18 08:58:38 UTC
Raw Date: Mon, 18 Nov 1996 00:58:38 -0800 (PST)

Raw message

From: dlv@bwalk.dm.com (Dr.Dimitri Vulis KOTM)
Date: Mon, 18 Nov 1996 00:58:38 -0800 (PST)
To: cypherpunks@toad.com
Subject: Re: Taxation Thought Experiment
In-Reply-To: <wk2JXD35w165w@bwalk.dm.com>
Message-ID: <oHNkXD8w165w@bwalk.dm.com>
MIME-Version: 1.0
Content-Type: text/plain


Oops:

dlv@bwalk.dm.com (Dr.Dimitri Vulis KOTM) writes:

> "The value of the levered firm is the value of the levered firm plus the
                                                     ^un
> interest tax shield (the amount of debt times the tax rate)."


---

Dr.Dimitri Vulis KOTM
Brighton Beach Boardwalk BBS, Forest Hills, N.Y.: +1-718-261-2013, 14.4Kbps





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