Ep6 "Can (and Should) Corporations Be Taxed?" with Larry Summers
All Else Equal: Making Better Decisions
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Introduction
Jules van binsbergen, a finance professor at the wharton school at the university of pennsylvania. Elhim, jonathan burke, finac professor at the graduate school of business at stanford university. We're going to talk about corporate income taxes, that iscorpora s pay taxes based on their profits. The more debt a corporation has, the fewer taxes it needs to pay. And by doing so, i think the political economy of corporate taxation is quite bad.
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