ex-President Trump
I assume it's still acceptable to have a Trump thread in a Politics forum?
So this is an obvious lie - basically aimed at low-info Boomers like my religions aunts. I have two questions:
a) Is anyone here who supports Trump bothered by lies like this?
b) Does anyone know what he's even talking about here? Like is there some grain of truth that he's embellishing on bigly?
8598 Replies
As your article points out, the companies sitting on all that cash are weighing their after tax return and the risk of current and future opportunities. As you know biden is trying to raise corporate taxes, increase stock buy back taxes and increase personal taxes - all of which lower the after tax return.
So blaming trickle down for companies sitting on cash is quite silly. Your article is closer to proving trickle down works than proving trickle down doesn't work.
Btw in a week a couple hundred billions of extra stock buybacks were just declared so the money is actually going to be used
Cute nickname.
Different policies take differing ranges of time when and how they effect the economy in the same way that the different strategies to stop a moving vehicle have different ranges of outcomes on when and how quickly they would stop a car. For instance a pit maneuver is almost immediately, popping the tires of a car is much slower and building a bunch of brick walls in the path of the car would stop it nearly instantaneous.
I don't think you will find many, in any, economists who would debate this.
he pulled an all-dayer.
TrumpsCuteButt is quite a screenname. Five stars.
Around here we only see butts like that inside a Walmart.
Between Trump and Biden I doubt either has put in an 8 hour day as President
curious to see the direction this gimmick account goes in
Yes it’s been used to buy more shares.
What exactly all that capital do beside making prices go higher ?
What does it produce for the economy ?
It just a number going higher on paper while that capital could be used to build infrastructure and other stuffs if it was paid in taxes ….
Ps: and those shares going higher for no reason ( it ain’t going higher because it produces more for example) is getting even more out of reach for the common workers to try to participate and get some wealth from that Ponzi scheme .
There is no economist that believe your time frame tho….
Huh ????
No one blames trickle down to for companies to sit on cash .
We say trickle down do not work because companies with excessive cash just sit on it instead of being redistributed in the « productive « real economy .
You are so in need of your ideas to be right , trying to prove the unprovable, you are at a point where u try to argue a point of view upside down o0.
man please breathe a second.
money used for buybacks goes into the hand of people selling the stock alright?
human beings. making their own decisions. they will allocate that money as they see fit.
the best and the brightest among us or they wouldnt have all that cash to begin with (a fool and his money are soon departed).
So you have more money in the pocket of the best people in society.
And as with everything else in society, they will in aggregate choose better than the state. some will consume, some will invest in this, some in that's and each and every one of those choices will affect the real economy.
if there are investments in real capital to make that yield an expected ROI high enough they will be made.
Hilariously, saying he delivered pizza to fire department is the distribution of the truth.
He went and got (what sure look like) empty pizza boxes from pizza that was delivered earlier and brought that back.
https://www.threads.net/@patriottakes2.0...
Just can't stop scamming.
How dare you? He sat/slept/shat his pants through a whole day of his own criminal trial. The man is a national treasure.
Id like to see Trump ride a bike.
You got me on that one 😀
You sound like Greta How dare you ?
Who?
Drat! I was hoping someone would have video of him tossing pizzas in amongst the firefighters like he tossed paper towels in Puerto Rico.
what are the odds for convinction in the hush money case? any site allowing betting on that?
lol …..
First off 89% of the stock is own by top 10% of the people .
And those that making money are those that can sell options (usually managements ) at the expense of the share holders because to actually gain money u actually need to sell those stocks which you shouldn’t .
Dividends is way more better because u can earn without the need to sell your shares !
So all it does is a bonus from managements being paid by stock options , that it .
And again thx for agreeing, trickle down economy do not work when corporations do share buybacks , u said yourself .
Only profits the top earners .
Again trickle down economy do not trickle down ……
top 10% is more than 30 million people on the USA. like those who keep the country going and make it the most powerful in human History.
management can't trade the stock as you think.
dividends are taxed more than buybacks in the USA, not sure if you understand that part.
when there is money around it trickles. it doesn give free stuff to anyone because that's not what trickle down is. it gives jobs and opportunities to decent people. if you are trash, you are going to keep having trash outcomes no matter what.
in particular Montreal, dividends are taxed monstrously if you are a foreigner. 30%.
if you are a rich person in a good country (those that don't tax capital gains) like say Dubai, if the company does buyback, you pay ZERO TAXES, if they do a dividend, you pay 30%.
any company that wants to keep foreign investors hooked will push buybacks more than dividends, do you understand this? did you know this?