zzedzz, that's one way of looking at it. However the earnings has not realy dropped but the proportion of the earnings paid in tax has increased 10% from 30%.
To further complicate matter, it is earnings above teh bond yield that would be subjected to the 40% tax. Presumably the from 0-bond yield rate, you still pay the 30% tax?
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- investors pay more than tax raised
zzedzz, that's one way of looking at it. However the earnings...
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