Discussed is the Sears Roebuck plan of paying employees by capital gains. Ben Graham states that General Motors could also do this, but not all companies can. What about employees who cannot adjust their income to capital gains? Is the tax advantage unfair to those who cannot use it? Could wages not be reduced significantly and the pension contribution increased so that very little tax is paid on wages?
Ben Graham Interview - Sears Roebuck Plan Of Paying Employees By Capital Gains
Continued from part one... Q1 hedge fund letters, conference, scoops etc Abrams and his team want to understand the fundamental economics of every opportunity because, "It is easy to tell what has been, and it is easy to tell what is today, but the biggest deal for the investor is to . . . SORRY! Read More