whell |
02-26-2018 07:11 AM |
Quote:
Originally Posted by finnbow
(Post 368418)
Morgan Stanley analysts estimated that 43 percent of corporate tax savings would go to buybacks and dividends and nearly 19 percent would help pay for mergers and acquisitions. Just 17 percent would be used for capital investment, and even a smaller share, 13 percent, would go toward bonuses and raises.
https://www.nytimes.com/2018/02/25/o...n-tax-cut.html
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As Reagan famously said, there you go again. You're suggesting that this is somehow a bad thing.
Who are shareholders? Are they just more rich, white Republicans? Nope. Shareholders are likely you and me. If you have investments in any stocks, or mutual funds that invest in stocks, you'll be the recipient of those dividends as are shareholder. That represents some 94 million individual investors, and mutual fund–owning households hail from all age groups, incomes, and educational backgrounds.
Oh, and those stock buybacks? Of course they help buoy the share price for stocks and are good for shareholders, which as pointed out above, also give a nice bump in share price for those 94 million folks just like you and me.
Sheesh, Finn. Go out and try to find some joy in your life.
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