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They're concerned about their future income flows, and so they'd rather save their money". Last year, businessman used to make extra money by lecturing, but all that is gone now, he said.
Firstly, we need a forecast of future income flows based on managers' expectations.
The computation of the marginal tax rate requires two sets of information: (1) the tax code treatment of net operating losses, and (2) the managers' expectations as to future income flows.
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You can never rely on future income flow".
"An investment by definition is either current income or a stream of future income.
That being said, securitizing future cash flows based on an individual's future income can have a number of legal and regulatory challenges.
Because the loan is illiquid and will be held to maturity, it is the ability to repay that matters -- and it is most prudent to rely on income flows rather than potential seizure and forced sale of the asset at some time in the possibly distant future and in unknown market conditions.
It also predicts future income.
They exaggerate their future income prospects.
Future income from gas is being sold against debt.
A consumption tax would leave investment income tax-free; investment income flows most heavily to wealthy taxpayers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com