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      03-26-2019, 01:05 PM   #17
Jockey
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Quote:
Originally Posted by WestRace View Post
Let's take one specific example: Corporate stock buybacks.

What I see is that the FED irresponsible easy money policy that allows corporations to do such thing.

What the Dems (Warren) see is stock buybacks dis-proportionally favor the rich (management) and hurts the poor (employees).

Why?
That's easy. This was sold as trickle down. The corporations make more profits by paying less taxes, this trickles down to the employees by pay raises, bonuses, etc.

My company has done an amazing amount of stock buybacks this last year and some of my very conservative coworkers are losing their minds thinking that money should have gone to them (the employees).