We agree. It will change whether people take out interest.... We were talking about some of the options, and Am can jump in here too.
When you need to expand the business or you're going for capital, if debt is not one of the options because you're not going to be able to write off the interest, then you start looking at equity. If you start looking at equity, then the other side of it is that there is less tax on the table, because the recipient is not being taxed on the dividend. Whether it's coming from other companies or coming from different sources, there may be no taxes being paid.
It's going to change how businesses operate and what they do. It's going to change whether they.... If we can't adapt to the cost of buying an asset, are we going to buy the asset?