this post was submitted on 17 Sep 2023
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She also made $29,000,000 in 2022 for herself, cause she worked so hard and made so many cars herself. Ha

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[–] Astroturfed@lemmy.world 18 points 1 year ago

It's very obviously is. Stock buybacks aren't allowed almost anywhere else in the world for a reason. It just leads to terrible behavior. This coupled with insanely low effective corporate tax rates means companies horde capital and do buybacks instead of doing other activities that are more economically beneficial to the country. Like increasing worker pay...