Tag Archives | Retain-and-Reinvest

Stock buybacks and corporate cashouts

By Robert J. Jackson (originally published by Securities and Exchange Commission) - Thank you so much, Neera, for that very kind introduction. I’ve long admired all that you and everyone here at the Center for American Progress do to promote a progressive economic agenda… [Cross-posted from Securities and Exchange Commission publication of June 11, 2018 at https://www.sec.gov/news/speech/speech-jackson-061118]

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America’s biggest companies are announcing buybacks. But whose cash is it, anyway?

By Thomas Heath (originally published by The Washington Post) - America’s 500 biggest public companies in 2018 are expected to distribute up to $600 billion or more through stock buybacks… [Cross-posted from The Washington Post publication of April 13, 2018 at https://www.washingtonpost.com/business/economy/americas-biggest-companies-are-announcing-buybacks-but-whose-cash-is-it-anyway/2018/04/13/c9f1ccdc-3c06-11e8-8d53-eba0ed2371cc_story.html?utm_term=.86f970e51974]

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All those share buybacks: What’s tax cuts got to do, got to do with it?

  By Jared Bernstein (originally published by The Washington Post) - In recent days, there’s been an uptick in discussions about stock buybacks and the tax plan. I’ve joined the debate on both Twitter and CNBC. Here’s why and how I think this matters… [Cross-posted from The Washington Post publication of February 23, 2018 at https://www.washingtonpost.com/news/posteverything/wp/2018/02/23/all-those-share-buybacks-whats-tax-cuts-got-to-do-got-to-do-with-it/?utm_term=.f58f3bfbd17e]

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Swinging the pendulum back to long-term thinking

By Maureen Milford (originally published by Directors and Boards) – Would a product like Kevlar — DuPont’s light-weight, super-strong fiber used in body armor that has saved thousands of lives — get to the marketplace today? Research and development began in the mid-1960s on what became Kevlar; it wasn’t introduced until 1971…. [Cross-posted from Directors […]

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An unacceptable price for low business taxes

By Abby Innes (Originally published by The Guardian) - The Labour pledge to raise corporate taxes (Report, 10 May) is the economically responsible reaction to the failures of corporate tax competition. The deductive mathematical models from supply-side economics that justify low corporate taxation assume that “the state” is purely self-seeking and “the firm” an efficient bundle […]

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Trump, Clinton, and the great jobs challenge

By Bob Abeshouse (originally published by Al Jazeera) - The deep discontent over jobs and the economy among large sectors of the American electorate goes a long way to explain the strange nature of the US presidential race this year. White, working-class voters who have been negatively affected by trade and technological change have rallied to […]

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Taking the nostalgia of Trump supporters seriously

By Stephanie Coontz (originally published by Berggruen) – I have spent most of my career pointing out the dangers of imagining a Golden Age in the past that we should try to recapture. Nostalgia offers a warped explanation of what actually did work in the past and airbrushes out what did not… [Cross-posted from Berggruen publication […]

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How MBA programs drive inequality

By Lynn Parramore (originally published by The Huffington Post) - Over the last several decades, American business executives have made decisions that have exacerbated the inequality that chokes prosperity for the country. They have misallocated resources and they have awarded themselves mind-boggling compensation packages while workers have suffered stagnant wages and increasing job insecurity. The stats […]

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Four of the largest Wall Street banks hit 12-month lows last week

By Pam Martens and Russ Martens (originally published by Wall Street on Parade) - Last Wednesday something noteworthy happened on Wall Street. Four of the largest Wall Street banks, each holding trillions of dollars in derivatives, hit new 12-month lows in intraday trading. The banks are Bank of America, Citigroup, Goldman Sachs and Morgan Stanley…. [Cross-posted […]

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