@ISIDEWITHQuestionseconomyStarted 2yrs agoActive 5 days 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 261 Dallas voters.

44%
Yes
56%
No
40%
Yes
50%
No
3%
Yes, but I would prefer if they were banned
4%
No, there is no evidence that firms that engage in buybacks reduce their investments
3%
No, the biggest beneficiary of stock buybacks are pension funds and mutual funds

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Other Popular Answers

Unique answers from Dallas 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…2yrs2Y

I do not understand.

 @99FSR4Z from Kansas  answered…2yrs2Y

Buybacks I barely know her

 @B3GGFNK from Illinois  answered…5 days5D

If the stock issuance is defined to be the cost basis of the stock, a buyback is probably a capital loss and should not be taxed.

 @8TLN5QM  from PR  answered…1wk1W

Yes, and allow for everyday people to buy and own as many stocks as we can afford. More people owning capital is better than it being in the hands of just a few or corporations.

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Active 6 days ago

 @ISIDEWITH submitted…4mos4MO

Trump's Deportation Storm: America Braces for Mass Exodus of Immigrants

For months, immigration advocates have been planning for the possibility of Donald Trump’s return to the White House. Now, their worst fears have arrived.Immigrants’ rights groups have spent the last year preparing for a second Trump term and an overhaul of the nation’s immigration system, analyzing Trump’s proposals, drafting legal briefs, coordinating messaging and organizing aid for immigrants and asylum seekers. They responded to Trump’s victory with alarm and vowed to put up a fight, setting the stage for four more years of contentious court battles with his administration.Some are already preparing to push current leadership at the Department of Homeland Security to take steps to stymie the incoming Trump team, particularly on immigrant detention and the use of AI in enforcement.“We should expect to see the devastation of immigrant communities all over the country. We should expect to see family separation,” said Kica Matos, the president of the National Immigration Law Center. “It is entirely possible that he will try to use the military to carry out deportations, so that means that Americans all over the country will see the military engaging in enforcement against civilian populations, which is horrifying.”Trump, after winning a historic victory on a platform of turbo-charged immigration enforcement, has said he will conduct mass deportations at a scale never before seen. Immigrant advocates have warned this would be expensive and inhumane, separating families and wrecking communities. The president-elect has also vowed to build huge detention camps, hire thousands more border agents, funnel military spending toward border security and invoke the Alien Enemies Act of 1798 to expel suspected members of drug cartels and criminal gangs without court hearings.He has also said he would end “catch-and-release” — allowing migrants to remain free, often with monitoring, while they await immigration court hearings — and restore a policy from his first term requiring asylum seekers to remain in Mexico while their cases are processed. And he has dodged questions about whether he would try to bring back family separation.

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