A Wealth Tax Could Actually Make Billionaires Richer While Raising Revenue [Forbes]
U-Haul Holding Company (UHAL)
Last u-haul holding company earnings: 2/5 04:10 pm
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US:NASDAQ Investor Relations:
amerco.com
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Source: Forbes
A Wealth Tax Could Actually Make Billionaires Richer While Raising Revenue A few years ago I was researching the majority shareholding Shoen family Amerco That anxious fund manager shines light on a seeming beneficial paradox with proposed wealth taxes from Senators Elizabeth Warren Bernie Sanders The reason is liquidity. Scarcity generally increases prices – but not always, especially in the equities markets. Too few shares available to freely trade and businesses begin to be worth less, not more. Simply: dozens, perhaps hundreds, of large, successful companies are trading at inferior values and less-than-efficient capital costs because ultra-wealthy insiders own too many shares. That excludes them from trillions of dollars of potential investor money from many mutual funds, ETFs and indexes. Creating more freely traded shares through billionaire insiders needing to sell some shares to pay wealth taxes can unlock that trapped value. The vast majority of investment funds have position
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UHAL
News
- U-Haul Closes Zanesville Store on Pine Street after 46 YearsBusiness Wire
- New U-Haul Center in Zanesville Offers Nearly 1,000 Self-Storage RoomsBusiness Wire
- U-Haul Purchases Phoenix’s 3rd Tallest Skyscraper, Reveals Plans for 20 E. Thomas RoadBusiness Wire
- Building Makeover: U-Haul Repurposes Kmart for Full-Service Store in LimaBusiness Wire
- U-Haul Holding Company Announces Quarterly Cash DividendBusiness Wire
UHAL
Earnings
- 11/6/24 - Miss
UHAL
Sec Filings
- 11/6/24 - Form 8-K
- 11/6/24 - Form 10-Q
- UHAL's page on the SEC website