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Stock impact report

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 Check Earnings Report
US:NASDAQ Investor Relations: amerco.com
Company Research 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 Show less Read more
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