Companies get tax cuts then spend it buying their own shares instead of incareaseing salaries or hiring more. Should be viewed as a type of fraud.
Stock buybacks should just be illegal
- 5h ago5 hours ago
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"incareaseing" you alright there?
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Yeah idk what happened there
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Or how about you just invest in companies that do buybacks because it will increase the value of your shares?
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Banning buybacks would just push the money into dividends instead. Wouldn't help with salaries/hiring.
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They actually used to be illegal. Make america great again am i right?
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Yes, laws change, who would have known?
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