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Sure. I’m just saying worker pay issue is largely orthogonal to stock buybacks or tax cuts. It’s not like, all things being equal, the revenue would be spent on
by h4b4n3r0 8y ago
Sure. I’m just saying worker pay issue is largely orthogonal to stock buybacks or tax cuts. It’s not like, all things being equal, the revenue would be spent on workers anyway.
- toomuchtodo 8y ago> It’s not like, all things being equal, the revenue would be spent on workers anyway. It's possible it would be if it was more tax advantageous to pay workers then to pay out profits as buybacks through the most recent tax cuts. Clearly, taxes matter in corporate decision making, as large multinationals were keeping their cash offshore as long as possible, waiting for a tax holiday.
- h4b4n3r0 8y agoHence the “all things being equal” qualification.
- toomuchtodo 8y agoJust being verbose to remove ambiguity from the conversation. Better than misunderstandings.