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Companies are mainly using their tax reductions to buy back stock and options...

Posted by: Lukasck (a.k.a lukasck) on Jun 03, 13:31 in response to forlorne's post Please 'splain your logic: The same people who say...

or give bigger or "special" dividences to stock holders (after the buy back, of course...). Not to give raises/bonus to employees (or so few, to try to show as example...), or to adjust (here meaning lowering...) their product prices...

But when they have to pay extra Trumpet's tariffs, they added it, and will add it in the future, to their selling prices...

So, call it as you want, american people will pay for those tariffs...not chinese or mexican people...

And it's been already proven that "Trickle down tax" never worked, even if repuliban always used this "theory" to justify themselves every time they gave tax reductions to corporations or rich people...

Please 'splain your logic: The same people who say tariffs are a tax on individuals because companies will just pass them on forlorne Jun 03, 11:08

You think they use logic? {nm} PhoneHome Jun 03, 11:16

There's nothing illogical about companies doing what's best for itself and its shareholders. {nm} Antibody Jun 03, 11:32

surely consumer prices have fallen dramatically in the past year, what with all of these newly-undertaxed companies passing on the savings professor zovek Jun 03, 11:37

Let's hope not. Deflation is far worse than inflation. {nm} PhoneHome Jun 03, 11:53

That was never a goal of reducing taxes. It will help maintain prices in a period where there will be upward pressure on wages due to low PhoneHome Jun 03, 12:04

Companies are mainly using their tax reductions to buy back stock and options... Lukasck Jun 03, 13:31

That's quite simplistic, but why do you believe stock buyback is inherently bad? The other thing y'all are missing is maybe no one pays forlorne Jun 03, 13:55

Where did I say buyback is bad??? I'm just saying corporations are using their tax reductions to buy back stock and options... Lukasck Jun 03, 14:26

Also funny that you say tariffs are just passed on to consumers, then gripe that corporations don't pay enough taxes. forlorne Jun 03, 14:00

What's funny is you coming up with these false equivalence. {nm} Antibody Jun 03, 14:17

What specifically is false about them? Corporations pass on tariffs to consumers (true unless they find a different source), yet forlorne Jun 04, 09:59