“‘if I’m paying 6.5% on my interest rate, I really need to earn a return in excess of 6.5% net of tax deductions’”
SW
Stuart Weems
The Money Puzzle ·
“It's because of the tax treatment of debt… you can deduct your interest payments… you can be a very strong junk company”
Rob Wigglesworth · Better Offline · The Hater's Guide To Bonds With Rob Wigglesworth
Play from 23:23
23:23
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What was described
advocated that companies intentionally stay highly indebted and accept junk-bond ratings to benefit from tax-deductible interest payments
Said nearby on the same subject
“If interest rates simply stay where they are for the next 12 months, the government will have to pay an incremental $500 billion in interest expense”
♫
Said on Closing Bell
“He explained… 'as the 10-year becomes more attractive, it becomes much more difficult for these highly indebted neoclouds to raise money' and noted the 15% bond yield”
♫
Said on Prof G Markets
“Our $1,000 instant tax deduction will benefit 6.2 million working Australians… will make tax time simpler and will save taxpayers time and money”
♫
Said on Australian Parliament: House of Representatives
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