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. . . because stock is taxed differently than income. This is a huge incentive behind how our system has become so broken.
by Pokepokalypse 9y ago
. . . because stock is taxed differently than income.
This is a huge incentive behind how our system has become so broken.
- 1123581321 9y agoNo, it's because a buyback is purchasing an asset (a share of issued stock) and payroll is just an expense. You could argue that increased payroll increases retention which is valuable, but that's an indirect and uncertain way to increase the value of a company.