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A comment on Macroeconomic Changes Have Made It Impossible for Me to Want to Pay You. Parent comment

Re:Macroeconomic Changes Have Made It Impossible for Me to W... by pas on Wednesday January 25, 2023 @06:44AM (#34517150)
is that really true?

or is it because a large portion of the global revenue is "parked" outside the US for tax reasons?

or due to stock buyback there are not much "funds" at all?

[ Parent | on HN ]
Re:Macroeconomic Changes Have Made It Impossible for Me to W... by dsparkman on Wednesday January 25, 2023 @07:46AM (#34517593)
Yeah, most of these companies park their cash outside the US to avoid having to pay taxes, then borrow money in the US against their assets/stock. It worked great when interest rates were essentially zero. Not so much now.
[ Parent | on HN ]