Month: October 2016

The Destruction of Wealth: The True Cost of Corporate Taxation

Written by Albert Meyer, Collin County Libertarian Party member. His also the¬†Founder, President, and Chief Compliance Officer of Bastiat Capital.¬† Currently, the total market capitalization of the S&P 500 is approximately $10.6 trillion. Assume the index trades at a price-to-earnings ratio (P/E) of 20. Bear market pundits believe that the P/E on the S&P 500 …