@ISIDEWITHQuestionseconomyStarted 2yrs agoActive 2mos ago

Should the government tax stock buybacks?

Stock buybacks are the re-acquisition by a company of its own shares. It represents an alternate and more flexible way (relative to dividends) of returning money to shareholders. When used in coordination with increased corporate leverage, buybacks can increase share price. In most countries, a corporation can repurchase its own stock by distributing cash to existing shareholders in exchange for a fraction of the company's outstanding equity; that is, cash is exchanged for a reduction in the number of shares outstanding. The company either retires the repurchas…  

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Answer Overview

Response rates from 759 New York voters.

41%
Yes
59%
No
39%
Yes
54%
No
2%
Yes, but I would prefer if they were banned
3%
No, the biggest beneficiary of stock buybacks are pension funds and mutual funds
2%
No, there is no evidence that firms that engage in buybacks reduce their investments

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Other Popular Answers

Unique answers from New York voters whose views went beyond the provided options.

 @99FLB4V from Minnesota  answered…2yrs2Y

I don’t know what this means

 @99MT3SV from Kansas  answered…2yrs2Y

I don't understand this topic enough to have much of a stance on the issue.

 @9BR69KJ from Indiana  answered…2yrs2Y

not enough knowledge

 @9FNRY4P from California  answered…1yr1Y

I don’t get it

 @9D6TXPS from California  answered…1yr1Y

I do not understand.

 @99FSR4Z from Kansas  answered…2yrs2Y

Buybacks I barely know her

 @9CDNYWP from California  answered…2yrs2Y

I don’t have a stance

 @9TQ8JH6 from Pennsylvania  answered…4mos4MO

There should be at least some incentive for corporations to make additional investments rather than buy back stock.

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 @ISIDEWITH submitted…2mos2MO

Ukraine's Hail Mary: Zelensky Bets on Trump for Peace Amidst War

Ukrainian President Volodymyr Zelensky congratulated Donald Trump Wednesday on his "impressive victory" in US elections and said he hoped his presidency would bring a "just peace in Ukraine closer".A second Trump term raises questions over Washington's long-term support for Ukraine, battling a Russian invasion for almost three years, as the Republican candidate has been highly critical of US military aid to Kyiv."I appreciate President Trump's commitment to the 'peace through strength' approach in global affairs. This is exactly the principle that can practically bring just peace in Ukraine closer," Zelensky said in a statement on social media."We look forward to an era of a strong United States of America under President Trump's decisive leadership. We rely on continued strong bipartisan support for Ukraine in the United States," he added.Zelensky said Kyiv was "committed to ensuring long-term peace and security in Europe and the transatlantic community with the support of our allies".Prime Minister Denys Shmygal later said Ukrainians "look forward to an era of a strong United States under your leadership".Zelensky met Trump for talks while visiting the US in September, a meeting that came after public tensions between the two politicians.Standing next to Zelensky, Trump had touted his working relationship with Russian leader Vladimir Putin.Ukrainian presidential aide Andriy Yermak, congratulating Trump, described the September meeting as "productive.""It is essential that Ukraine has bipartisan support in the United States," he added.

▲  287 replies

 @ISIDEWITH submitted…2mos2MO

Starmer Throws Netanyahu Under the ICC Bus: UK Backs Arrest Warrant for Israeli PM

Sir Keir Starmer has backed the International Criminal Court (ICC) after it issued an arrest warrant for Benjamin Netanyahu, the Israeli prime minister.When asked about the issue, Sir Keir’s official spokesman said the Government respected the independence of the court.He declined to say whether Mr Netanyahu would be arrested if he arrived in the UK.The spokesman said: “We respect the independence of the ICC, which is the primary institutional institution for investigating and prosecuting the most serious crimes in relation to international law.“This Government has been clear that Israel has a right to defend itself in accordance with international law. There is no moral equivalence between Israel, a democracy and Hamas and Lebanese Hezbollah, which are terror groups.“We remain focused on pushing for an immediate ceasefire to bring an end to the devastating violence in Gaza.”Under the Conservatives, the British government had told the court it intended to challenge the plans for the arrest warrants.However, weeks after coming to power, Sir Keir’s government reversed that position and said it would not object.Downing Street also declined to say whether Mr Netanyahu would be welcome to visit Britain in the future.Sir Keir’s spokesman said: “We never comment on future international visits but my position on the Prime Minister’s support for Israel in terms of its right to defend itself in accordance with international law is very clear.”The spokesman repeatedly declined to “go into hypotheticals” about whether Mr Netanyahu would be arrested if he arrived in the UK.He added: “It’s not up to the Prime Minister to determine other world leaders’ travel schedules. He engages and will continue to engage with the prime minister of Israel in support of Israel’s right to defend itself.”Pressed on what he meant by his comments about the court, the spokesman said: “It means that we respect the independence of the ICC. We respect the fact that the ICC is the primary international institution for investigating and prosecuting the most serious crimes of international concern.”The spokesman went on to say the Government’s “focus” remained an end to the violence in the Middle East, which has been ongoing for more than a year after the Oct 7 terror attacks by Hamas.

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 @ISIDEWITH submitted…1mo1MO

Biden will issue a pardon of his son Hunter Biden

President Joe Biden has decided to issue a pardon for his son Hunter and is expected to announce it Sunday night, according to a senior White House official with direct knowledge of the decision.The decision marks a reversal for the president, who has repeatedly said he would not use his executive authority to pardon his son or commute his sentence. The pardon comes ahead of Hunter Biden’s Dec. 12 sentencing for his conviction on federal gun charges. Hunter Biden also is set to be sentenced in a separate criminal case on Dec. 16, after pleading guilty in September on federal tax evasion charges.The pardon is expected to cover both Hunter Biden’s gun charges conviction and guilty plea.The senior White House official said Biden decided over this weekend to grant his son a pardon and began to inform his senior aides on Sunday. Using his pardon power to assure Hunter Biden does not spend time in jail comes as the 82-year-old president is near the end of his term in the White House and has no future election to face. In recent months Biden has said he would not pardon his son or commute his sentence.“I will not pardon him,” the president said of his son in June after a jury found him guilty on three federal gun charges.President Biden has discussed issuing a pardon for his son with some of his closest aides since at least Hunter Biden’s conviction in June, two people with direct knowledge of the discussions about the matter said. They said a decision was made at the time for the president to publicly say he would not pardon his son even though doing so remained on the table.White House press secretary Karine Jean-Pierre told reporters earlier this month that the president’s position has not changed.

▲  1713 replies

 @ISIDEWITH submitted…3wks3W

Defense Bill Blocks Transgender Care To Minors

The Senate on Wednesday gave final approval to a defense policy bill directing $895 billion toward the Pentagon and other military activities, moving over the objections of some Democrats who opposed a provision added late in the negotiations that would deny coverage for transgender health procedures for minors.The 85-to-14 vote, coming a week after a divided House passed the same measure, cleared the bill for President Biden’s signature.Most Republicans and many Democrats supported the measure, which provides a 14.5 percent pay raise to junior enlisted service members and a 4.5 percent pay raise for all other service members. It also expands access to meal assistance, housing and child care programs that benefit those in uniform.But several Democrats withheld their backing in protest of a provision preventing TRICARE, the military’s health care plan for service members, from covering “medical interventions for the treatment of gender dysphoria that could result in sterilization” for children under 18.The language, which would affect the gender-transitioning children of service members, was recently added to the measure at the insistence of Speaker Mike Johnson, Republican of Louisiana, who refused to bring a defense bill to the House floor without it, according to aides familiar with the negotiations.Twenty-one Democrats, led by Senator Tammy Baldwin of Wisconsin, proposed an amendment to strip the provision from the bill, but the matter was never brought to a vote. Several of them took to the floor on Tuesday to lodge their objections.“It’s flat-out wrong to put this provision in this bill and take away a service member’s freedom to make that decision for their families,” Ms. Baldwin said, estimating that the provision could negatively affect as many as 6,000 to 7,000 military families.

▲  2016 replies3 agree