| ▲ | lotsofpulp 2 hours ago | |
This comment makes even less sense than jotras’ comment. Pension funds buy shares in businesses such as Microsoft. The money going into the pension fund is not typically a function of the tax paid by companies such as Microsoft, but rather from a combination of actuaries’ recommendations, payroll tax receipts, and politicians’ priorities. Therefore a pension funds’ equity holdings, such as Microsoft, doing well means taxes can be lower. | ||