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shiruken t1_j2t21nz wrote on January 3, 2023 at 7:31 PM

Reply to comment by ScienceModerator in Vote for Best of r/science 2022! by ScienceModerator

In 2013, France massively increased dividend tax rates. This led firms to reduce dividends (payments to shareholders) and invest profits back into the firm. Contrary to some claims, dividend taxes do not lead to a misallocation of capital, but may instead reduce capital misallocation. by u/smurfyjenkins