nuff said

  • Tag365@lemmy.world
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    1 year ago

    Companies taking loans out to have someone buy them doesn’t make sense. Shouldn’t that cost just be truncated out of the purchase?

    • TWeaK@lemm.ee
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      1 year ago

      But if they didn’t do that then the purchase wouldn’t happen, and the wealthy wouldn’t be able to consolidate more wealth so easily!

      There’s also probably tax benefits if the business is paying some of the cost, rather than the buyer.