No doubt this assumption is based on your vast knowledge and experience in corporate finance…
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Clearly you don’t understand business or economics if you think this is the case. Your assuming an either or situation now. Moving the goal post of corporate tax subsidies which were the focus of the most recent posts. The scenario already said they were building a new facility.
Learn how to read (and by that I mean comprehend).
So? How does this impact you directly if you don’t own shares? Stock buybacks make the company more valuable innately and to its shareholders. If you want to benefit buy their stock, if not, STFU. The stock buybacks have no effect outside of that.
I don’t give a shit about CEO pay especially when lowering it would have essentially zero impact on lower level workers in the company. But, you need someone to blame for your inadequacies, so go ahead i guess. I am sure the CEOs will care a lot from their beach house or yacht.
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They are evil greedy corporate capitalists and should be sharing their wealth.
They worship money and wealth and I hate them because I ain’t them.
Peanut butter and jealous, you rube.
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Yes, in your fantasy, but if easier money can be made via stock buybacks that is what will be pursued. The easier or more money that can be made is what really matters. Not jobs or long term growth.
Maybe to it’s shareholders but not innately.
Again, learn how to read and comprehend. You inserted a situation on top of a discussion that didn’t belong there. Stock buybacks and expansions are two completely separate things.
If you don’t think major corporations (the kind that get tax breaks) don’t have long term growth in mind as well as short term, you’re an idiot.
Yes innately, you buyback stock your company valuation tends to go up. It also means you have more liquid cash then previously when the amount of shares was issued/split.
Please shut up about anything business related because you clearly know nothing and can comprehend nothing except for what your delusional view of business allows you to comprehend.
If you actually worked for a company worth a damn, or had a financial stake in one, or learned some math skills you would be able to understand this. But that involves not being a lazy POS.
Welcome to end stage-capitalism! Know what you worship, asshole!
And…What did corporate America do with that tax break? Buy record amounts of its own stock
No way. What happened to those new plants? End-stage capitalism is the answer. Just about anything for another buck.
“Productivity has been lousy in the U.S. since the dotcom boom ended, but companies have seemed to not need high productivity to have high profits, so they don’t have incentive to invest in their workers or in capital,” he said. “Throwing more money at them to lower corporate taxes is not something that will solve that problem.”
Man, this sounds like you’re talking to yourself while masturbating in the mirror.
A fully indoctrinated fool.
Once again seeing what you only want to see and that promotes your confirmation bias.
You also posted an article about the federal level corporate tax cuts Trump imposed. That, again, is different than the scenario where the company is going to build a new plant anyway.
From the article:
“One solution might be to access the $2 trillion in excess reserves currently in the banking system, suggested Louis Hyman, an assistant professor at Cornell University’s School of Industrial and Labor Relation”
Inject more funny money into the system. Because that worked so damn well when Trump and Congress put >$4T into the economy during the pandemic.
How many times were you dropped as a baby while your mom tried to take a drag from her cigarette?
Go piss up a rope.
I don’t worship capitalism dipshit - I have said such in this very thread. I like the idea of socialized medicine executed properly along with some subsidized education. Lazy pieces of shit such as yourself shouldn’t be coddled and catered to. The lowest common denominator screws everybody.
Buybacks cost money…
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I’m glad we’ve reached peak Zep so this thread can finally die.
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I’m just glad that you’re finally mining this vein of ore that constitutes the underlying theme of every single post you’ve ever made on this website.
Let’s keep exploring this idea. I think it will be healthy for you.
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Because people like you love government involvement in the economy.
What does this mean? What criteria are used to establish this?
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Imagine pretending you’re an English teacher on a political forum and thinking that makes you right.
So what did you glean from this?
Bwahahaha… What theories of his been adopted round the world?
Friedman believes things must be paid for. What does he say about the money spent on wars or bailouts?
But what we have is a marriage of the private sector and government. And this is brought on by the corporations bribing politicians. You know all the private industry you love.
There are plenty of articles written on this subject. Just look and read.
I pay respect to people who pay respect to me. Talk to me by calling me names or insulting me then…
Again if easier money can be made then that is what is pursued. What costs more money buybacks or the opening of a new production facility? Whatever costs less and is easier producing profits is what will be followed.
Pot, kettle, black.
What? It’s all tax dollars!
Oh like the U.K. Where they spend about half as much as we do with most outcomes better than us. Where they are given the option of medical choice, like FMT, instead of filling the pockets of Big Pharma. Then we agree!
But if you think the scamming the public only goes on in the health industry, you are sadly mistaken.
It’s fiat currency - it’s all funny money. Doesn’t mean you can issue/spend it indefinitely and at will.
And are a long term strategy play - not a short term profit move.
You started the ad hominem train long before the rest of us. Of all inane things you have posted, this one just might take the cake.
Everyone with more than 2 functioning neurons knows this. And no one here has ever claimed differently.
It’s almost as if humans are generally greedy assholes and life is suffering…imagine that.
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Yes. That’s why we need complete separation of economy and state.
I don’t care anything about private industry itself; I care about freedom, so I believe everything should be private.
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