March 05, 2013

The changes in tax rates resulting from Obamacare, the expiration of the Bush tax rates, and the resolution of the Fiscal Cliff have altered the tax structure and the overall equilibrium in the corporate return delivery mechanism. The changes favor corporate debt over dividend and capital gains. The evidence in favor of this view is easily available; the Dell and Heinz deals are clear examples in favor of our hypothesis.

You must have an active account to view these reports. You may register for a trial here

Download Complete Report in PDF Format

Download Complete Report in Word Format