baɪ dɪsˈɑːlvɪŋ lˈɪbɚɾi ɐ fjˈuː jˈɪɹz hˈɛns, æz ðə pˈɑːɹtnɚz plˈænd, ðeɪ wʊd pˈeɪ ˈoʊnli ɐ twˈɛnti fˈaɪv pɚsˈɛnt kˈæpɪɾəl ɡˈeɪnz tˈæks ɔnðə pɹˈɑːfɪts ɪnstˈɛd ʌvðə nˈaɪnti pɚsˈɛnt ˈɪŋkʌm tˈæks ðeɪ wʊd pˈeɪ ˌɔn ðɛɹ hˈaɪ sˈælɚɹiz æɾə stˈuːdɪˌoʊ.
By dissolving Liberty a few years hence, as the partners planned, they would pay only a 25% capital gains tax on the profits instead of the 90% income tax they would pay on their high salaries at a studio.