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I am pro-nuclear power, but I miss the days when companies would, you know, return their profits to investors, so those investors could then invest in other com
by saalweachter 9mo ago
I am pro-nuclear power, but I miss the days when companies would, you know, return their profits to investors, so those investors could then invest in other companies doing different things, instead of all corporations tending towards generic everything-investment vehicles.
- reducesuffering 9mo agoThis is partly due to tax policy. Investors don't want this. Distributing dividends is less efficient capital distribution because those capital gains are immediately taxed rather than be deferred into a higher share price with no tax drag.
- HDThoreaun 9mo agoThis is why every tech company does buybacks(other than meta which started a dividend when Mark got sick of high interest rates on his debt, they still mainly do buybacks though)
- saalweachter 9mo agoOh no, capital would be taxed! Don't threaten me with a good time.