Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta's combined spending.

4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta’s entire market value::Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta’s combined spending.

  • SinningStromgald@lemmy.worldEnglish
    1·
    1 year ago

    Why are stock buybacks legal not taxed at 80%?

    Fixed. And the answer like so many bad economic policies is Reagan. Before that it was viewed as market manipulation as it should be.