News for hackers. Stuff that matters.

A comment on Companies Use Borrowed Billions to Buy Back Stock, Not to Invest. Parent comment

Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by ummonk on Saturday August 10, 2019 @08:31PM (#20665437)
Alternative is you tax the profits at a higher tax rate (i.e. what the tax rate was before the tax cuts) and use the tax revenues to fund things that benefit the general public at large...
[ Parent | on HN ]
Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by sidibe on Saturday August 10, 2019 @10:13PM (#20665789)
My bad I may have misread this thread to be about buybacks/dividends not taxation. I'm not against high taxes but with any level of taxation some companies are going to run into the problem of not having a useful way to use their money besides giving it back to investors (unless taxes are such that no company can succeed)
[ Parent | on HN ]