How to Find Winning Investment Ideas
The Canadian Investor
00:00
Fintax Is a Great Business, but It's All Alowed Because of This Durbon Amendment
A loophole in the durbon amendment is allowing a lot of these fin tax to take higher rates. So all these giving them more money than i'd like to every year, exactly. You know, for a company like stripe, that's a perfect example. They have an unfair advantage because they can charge whatever they want,. so their economics are going to be far better. A ha, ye, i had no idea. Over the last two years, the amount of v c money, the venture capital money, that's gone into fintax is sky rocketed Because there's so much money to be made due to this roophole.
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