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Jul 17, 2020 at 20:13 comment added D Stanley I don't think the quote is referring to personal income/taxes at all, but it's hard to know without the full context.
Jul 17, 2020 at 18:55 comment added Sean Taylor @DStanley I think the 50% referred to the personal tax rate, I got the question from the book The Intelligent Investor
Jul 17, 2020 at 14:37 comment added D Stanley I'm not sure how you get to "cut the cost of that form of capital in half" unless the tax rate is 50%. Is there more context that would explain that part?
Jul 17, 2020 at 14:37 answer added D Stanley timeline score: 1
Jul 17, 2020 at 14:29 history asked Sean Taylor CC BY-SA 4.0