Taxes reduce the expected return on a risky asset but also lessen its riskiness.
税收减少了
险资产
预算收
，
降
了
险。
事,危险重重Taxes reduce the expected return on a risky asset but also lessen its riskiness.
税收减少了险资产预算收，降了险。
That alone will challenge old rules of thumb about the relative riskiness of emerging-market debt.
楼主翻成关于新兴市场债务险估算仅凭这个就会受到质疑。
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