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Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business' (www.pcgamer.com)

submitted 8 months ago by ylai@lemmy.ml to c/gaming@lemmy.ml

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[–] PCurd@feddit.uk 3 points 8 months ago (1 children)

You don’t pay tax on growth, you do on dividends. For large shareholders a high dividend can be a problem. Even for me, a very small time retail investor, I have to keep a balance of growth (like Apple) and dividend (I tend to use a dividend ETF so I can fairly reliably estimate my dividends) so I can avoid paying tax on the dividends.

[–] chicken@lemmy.dbzer0.com 1 points 8 months ago

That makes a lot of sense. Seems like the way taxes are set up is creating perverse incentives here.