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Turbineguy

(40,221 posts)

12. When they passed the big tax cut

Reply to Post removed (Original post)

Mon Mar 23, 2020, 03:39 PM

Mar 2020

the touted purpose was to increase worker pay, R&D and better products.

Many companies spent their tax savings on stock buybacks and bonuses to upper management instead.

This bill needs to have safeguards so that the money is used for it's intended purpose.

No, this virus was not the fault of companies. And it was not introduced by Trump either.

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Post removed [View all] Post removed Mar 2020 OP

So what? stopbush Mar 2020 #1

If they are given money for a relief effort, they need to use it for that htuttle Mar 2020 #2

Any oxygen in there? gibraltar72 Mar 2020 #3

Social Programs Have All Kinds Of Onerous Clauses To Keep People "Off The Dole" jayfish Mar 2020 #4

No uponit7771 Mar 2020 #5

No, it's not the same... Wounded Bear Mar 2020 #6

Who cares? Boeing spent $43 billion buying back stock 2013-2019 hatrack Mar 2020 #7

Are they entitled... Newest Reality Mar 2020 #8

Jesus Fucking Christ Nature Man Mar 2020 #9

We've had a bull market for something like 12 years MLAA Mar 2020 #10

Companies can buy all the stocks they want with their OWN money, but not using at140 Mar 2020 #11

When they passed the big tax cut Turbineguy Mar 2020 #12

I'll go ahead and give them the $1200 Varaddem Mar 2020 #13

WTF is wrong with you? smirkymonkey Mar 2020 #14

Trickledown is more like trickled on. MoonlitKnight Mar 2020 #15

What's this about solar panels and fuel emmisions? Watchfoxheadexplodes Mar 2020 #16

It ain't savings, Your only buying more casino chips Under The Radar Mar 2020 #17

god I hate b.s. stillcool Mar 2020 #18

First, Your Premise Is Flawed ProfessorGAC Mar 2020 #19

They took massive profits for shareholders in lieu of prudent cash reserves greenjar_01 Mar 2020 #20

i would be satisfied if onethatcares Mar 2020 #21

When you are begging for a handout Chainfire Mar 2020 #22

So we are to consider stock buy-backs as a form of saving? Good. 3Hotdogs Mar 2020 #23

No, not really. Captain Stern Mar 2020 #24

No different than telling SNAP recipients they can't use their benefits to buy Twinkies. Midnight Writer Mar 2020 #25

Heck, if you trust him, even trump says he's against stock buybacks. Hoyt Mar 2020 #26

Wow, just wow. nt Ferrets are Cool Mar 2020 #27

It's the RB TexLa show!... SidDithers Mar 2020 #28