RockBottom@feddit.org to Late Stage Capitalism@lemmy.worldEnglish · 2 days agoTaxesfeddit.orgimagemessage-square88linkfedilinkarrow-up1780arrow-down123
arrow-up1757arrow-down1imageTaxesfeddit.orgRockBottom@feddit.org to Late Stage Capitalism@lemmy.worldEnglish · 2 days agomessage-square88linkfedilink
minus-squareDragon@lemmy.mllinkfedilinkarrow-up14·2 days agoBetween 1995 and 2021, on average, US companies spent 78 percent of their net income on paying shareholders https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-strategy-and-corporate-finance-blog/share-repurchases-still-dont-prop-up-value
minus-squareiii@mander.xyzlinkfedilinkEnglisharrow-up1·12 hours agoMakes sense, since net income is what’s leftover after costs (including wages), and taxes?
Between 1995 and 2021, on average, US companies spent 78 percent of their net income on paying shareholders https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-strategy-and-corporate-finance-blog/share-repurchases-still-dont-prop-up-value
Makes sense, since net income is what’s leftover after costs (including wages), and taxes?