Couldn't he use a LLC to avoid the estate tax? His whole argument seems overly simplified to point of being incorrect to me.
Is he talking about investing in a company that's growing 8% or is it his investment in the company that grows at 8%?
The corporate tax rate of 35% is another example. Does revenue from Google UK count towards the total revenue for Google? If so, then since Google's UK headquarters are in Ireland, the corporate tax on that revenue is more like 12.5%, unless it gets taxed again by the US.
As far as I'm aware, the revenue generated by a foreign subsidiary is not taxed again by the US until it enters the US economy. So long as it stays overseas we don't touch it. It's interesting to hear people note the record amounts of cash that US companies have on hand right now, but much of that is in foreign accounts and can't be brought into the US without paying a huge tax on it.
Is he talking about investing in a company that's growing 8% or is it his investment in the company that grows at 8%?
The corporate tax rate of 35% is another example. Does revenue from Google UK count towards the total revenue for Google? If so, then since Google's UK headquarters are in Ireland, the corporate tax on that revenue is more like 12.5%, unless it gets taxed again by the US.