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Transcript: Aswath Damodaran

The Big Picture

Since 2004, the tax rate on dividends and capital gains is 15 percent, 18 percent, 21 percent. And the second was, of course, the Warren Buffett story that came out the same week, where he essentially called people who post buybacks, you know, economically illiterate. DAMODARAN: — as an economic phenomenon. They match up.

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