Data Update 8 for 2025: Debt, Taxes and Default - An Unholy Trifecta!
Musings on Markets
FEBRUARY 23, 2025
That is where the cost of capital, the Swiss Army Knife of finance that I wrote about in my sixth data update update , comes into play as a debt optimizing tool. With state and local taxes added on, the US, at the start of 2025, had a marginal corporate tax rate of 25%, almost perfectly in line with a global norm.
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