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The company does buy backs and dividends with the excess cash that it has, after paying taxes on all of the income, property taxes on their facilities, sales ta
by brightball 3y ago
The company does buy backs and dividends with the excess cash that it has, after paying taxes on all of the income, property taxes on their facilities, sales taxes on equipment, employment taxes for all of their staff and then the income taxes related to all of their staff.
We have a spending problem in this country, not a lack of tax money.
- dpflan 3y agoTrue, "spending problem" is what an ideal scenario would not have -- a spending problem could also be not having enough to spend. But again, let's look at tax rates over-time, corporate tax rates in the US versus corporate profits, buybacks, etc over-time in the past 100 years. What would we see? I'm definitely curious where all this money is going...