Some noteworthy facts from a recent post in Jordan Uhl’s newsletter, I Hate It Here And Never Want To Leave:
At the same time, you’ve got the hue and cry from the executive class, with that same old “nobody wants to work” refrain. It’s nothing new, and suggests that the current situation isn’t a labor shortage, but a wages and worker treatment shortage:
Need context? The U.S. Supreme Court ruled that presidents in general a definitive “absolute immunity”…
With a special note for Martha-Ann Alito, who needs a reminder which way is up…
It took a tiebreaking round against the other remaining competitor, but at the end of…
Once a year, the Glazer Children’s Museum holds what I like to call “Grown-Up Night,”…
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The buybacks are driven in part by US tax law. Dividends represent profits that have been taxed in the company’s hands. In the US, they’re again taxed as income in the shareholder’s hands - ie the profit is taxed twice. However, buying back the shares only incurs tax once - the capital gain in the shareholder’s hands.