If the value of the capital interest, say a shareofstock, manages to increase in the Obama depression, then it is taxed again by the capital gains tax.
Liberty Media this morning announced that it has decided to eliminate its tracking stock structure and will convert each shareof Liberty Starz common stock into 0.88129 shares of Liberty Capital.
Computers, software and telecoms now account for about 12% of America's total capitalstock, not far short of the share accounted for by railways at the peak of America's railway age in the late 19th century.
Shareof enterprise software provider Informatica are trading higher this morning after Roth Capital analyst Nathan Schneiderman lifted his rating on the stock to Buy from Neutral, asserting that a recent sell-off was overdone.