So your point being what....?
I JUST explained how you are left with more disposable cash if you hold long term...you can't simply just ignore the tax factor like you suggest because tax is something that everyone has to pay (unless you're one of those people). If you read my example again you will see that I JUST explained how a long term holder is left with $8250 compared to $8125 of a trader AFTER TAX...
I can't believe you are suggesting to just simply ignore the tax aspect and simply increase earnings regardless of what you're left with at the end of it all. What you're suggesting is like a company having a $1 billion in revenue but also having $1 billion in operating expenses leaving you with nothing. Whereas I am suggesting to operate a company making only $500 mil in revenue but only having $300mil in expenses . It's what you're left with at the end that matters. Hence why every investor looks at NPAT or net profit AFTER TAX....*sigh*
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