www.theAIRnet.org

Tag Archives | tax cut

The resurgence of political authoritarianism: An interview with Noam Chomsky

By C. J. Polychroniou (originally published by Truthout) – Following the end of World War II, liberal democracy began to flourish in most countries in the Western world, and its institutions and values were aspired to by movements and individuals under authoritarian and oppressive regimes… [Cross-posted from Truthout publication of July 25, 2008 at https://truthout.org/articles/resurgence-of-political-authoritarianism-interview-with-noam-chomsky/]

Continue Reading 0

Apple: Share buybacks are a problem, not a solution

  By Antonio Carradinha (originally published by Seeking Alpha) - Apple (AAPL) announced their earnings report last week on Monday, beating both top and bottom line expectations easily. Strength across different segments such as services and wearables carried the stock higher, compensating for quarterly iPhone sales falling below expectations… [Cross-posted from Seeking Alpha publication of July 5, 2018 at https://seekingalpha.com/article/4170696-apple-problem-buybacks]

Continue Reading 0

Support for GOP tax scam drops as corporate America gorges on stock buybacks

By Andrea Germanos (originally published by Common Dreams) - Roughly six months after President Donald Trump put his signature on the GOP “tax scam,” a new poll reveals dwindling support for the corporate-friendly law whose benefits went mostly to the nation’s wealthiest… [Cross-posted from Common Dreams publication of June 27, 2018 at https://www.commondreams.org/news/2018/06/27/support-gop-tax-scam-drops-corporate-america-gorges-record-stock-buybacks]

Continue Reading 0

A prize masking a dilemma: the problem with stock buybacks

By Arthur S. Guarino (originally published by Foreign Policy News) - Stock buybacks are gaining in popularity among publicly-owned corporations and many of their shareholders. However, the financial implications for the corporation could be masking serious long-term problems and possibly hurt rather than help shareholders… [Cross-posted from Foreign Policy News publication of June 9, 2018 at http://foreignpolicynews.org/2018/06/09/a-prize-masking-a-dilemma-the-problem-with-stock-buybacks/]

Continue Reading 0

Big 4 US banks driving lion’s share of industry buybacks

By Brian Cheung and Venkatesh Iyer (originally published by SNL Financial Extra) - The Big Four U.S. banks have fueled a stock buyback frenzy in recent years, despite facing the tightest regulatory capital constraints in the industry. Regulators and lawmakers are now considering loosening some of these capital controls, which could lead to even more share repurchases… […]

Continue Reading 0

The vapid defense of share buybacks

By Harold Meyerson (originally published by American Prospect) – This past Sunday, with the share buybacks of American corporations at an all-time high, The Washington Post business section ran a major piece documenting buybacks’ rise and giving the arguments for and against the practice… [Cross-posted from American Prospect publication of April 20, 2018 at http://prospect.org/article/vapid-defense-share-buybacks]

Continue Reading 0

Corporate stock buybacks are booming, thanks to the Republican tax cuts

By Emily Stewart (originally published by Vox) - Right after Republicans in Congress passed their tax bill, lowering tax rates on corporations, companies delivered a very public thank-you: a series of bonus and investment announcements… [Cross-posted from Vox publication of March 22, 2018 at https://www.vox.com/policy-and-politics/2018/3/22/17144870/stock-buybacks-republican-tax-cuts]

Continue Reading 0

Stock buybacks: Driving a high-profit, low-wage economy

By Lenore Palladino (originally published by Roosevelt Institute) – Stock buybacks by America’s largest public companies have exploded—one financial services firm recently predicted that buybacks would increase by as much as 50 percent this year to $800 billion following passage of the Tax Cuts and Jobs Act—and, over the past 10 years, now total more than […]

Continue Reading 0

Democrats biggest threat in 2018

By Ronald Brownstein (originally published by The Atlantic) - The biggest threat to Democrats in the 2018 election may be the risk of repeating their biggest mistake in the 2016 election… [Cross-posted from The Atlantic publication of March 1, 2018 at https://www.theatlantic.com/politics/archive/2018/03/democrats-tax-plan-2018/554561/]

Continue Reading 0

Analysis: Major corporations have spent just 6% of tax cut windfall on workers. Guess where the other 94% went

By Jake Johnson (originally published by Common Dreams) - Almost everyone—nonpartisan commentators, economists, and even President Donald Trump’s chief economic adviser—predicted that corporate shareholders and CEOs, not workers, would be the primary beneficiaries of the Republican tax law, and several recent analyses have shown that prediction to be right on the money… [Cross-posted from Common Dreams publication of February […]

Continue Reading 0

developed by bodhiWeb