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Tax Efficiency & Leverage: The Smith Maneuver with Robinson Smith (EP.91)

The Rational Reminder Podcast

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Is There a Social Impact of Leverage?

A paper by Ian Ayers and Barry Nellabuff says people should use leverage to invest. They say the gains could be socially significant. Canada spends, I don't know how many billions of dollars on social welfare programs. If only half of that money had to go there, we could put the other half in environment or education, hospitals.

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