08-29-2022, 12:09 PM
(08-28-2022, 04:11 PM)Joelist Wrote: And you can't just take out loans to do this because the loan still has to be repaid PLUS INTEREST.
But they can use the borrowed money to buy bonds that pay interest. And it seems that if they have to put the funds in an escrow account then they should be able to immediately claim the tax benefit of paying the salary instead of waiting for the years when it is actually paid.
There would be some cost involved, but the Bengals would still generate massive profits for the Browns if they had to borrow to fund and escrow account.
No business worth a BILLION dollars with ZERO debt should be allowed to complain about cash flow problems.
