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A comment on America's 1% Has Taken $50T From the Bottom 90%. Parent comment

Re:America's 1% Has Taken $50T From the Bottom 90% by Thorrez on Friday February 12, 2021 @03:02AM (#26111587)
A shareholder can also reinvest dividends. Doesn't that accomplish the same thing as not participating in a buyback?
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Re:America's 1% Has Taken $50T From the Bottom 90% by nmfisher on Friday February 12, 2021 @03:23AM (#26111681)
Only if the company allows them to (or is simultaneously raising capital). Also I believe (though not 100% sure, depending on where you are) that income tax is paid on dividends, irrespective of whether you subsequently reinvest.
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