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A comment on Intel Brags of $152B in Stock Buybacks. Why Does It Need an $8B Subsidy?. Parent comment

Re:Intel Brags of $152B in Stock Buybacks. Why Does It Need ... by onetimeuse92304 on Thursday March 28, 2024 @08:18AM (#39850300)
It is a silly notion there is anything wrong per se about stock buybacks. Just as you can sell stock when you need cash (and lose some control) it is simply buying stock back when you saved some cash (and regain control).

The only reason stock buybacks are thought of in negative light is that they seem to be a way for companies to not pay taxes... but the tax law is not companies' fault! It is our fault for the tax law to be this way!

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Re:Intel Brags of $152B in Stock Buybacks. Why Does It Need ... by harimau777 on Thursday March 28, 2024 @08:42AM (#39850528)
Don't the companies, their industry organizations, and the people who own them lobby congress to make that tax law?

It seems to me that in that case, tax law is their fault.

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