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You know how you raise the stock price when you're a CEO? You get a tax cut from 35% down to 21% with the nominal purpose being so your company can hire more wo
by fencepost 7y ago
You know how you raise the stock price when you're a CEO? You get a tax cut from 35% down to 21% with the nominal purpose being so your company can hire more workers (to handle the business that was previously not profitable enough to cover their wages?), then you use that money for stock buybacks.
Less supply of your stock plus a deep pocketed purchaser? It's bonus time!