586
Trump gave top US firms staggering tax cuts, with some paying $0 or less – report
(www.theguardian.com)
this post was submitted on 29 Feb 2024
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Soundbites over substance is the name of the corporate PR game.
It's so nuts...
Speaking to shareholders, about 'shifting' the model, in an open and public medium.
He's literally talking to people who want their money to grow, about changing how the money grows....if you read between the lines it's basically
"Hey we know this is a growing concern, here in the c-suite we see it coming too. Rest assured, we're going to pander to public sentiment so our shareholder profits remain intact. Our hope is that in doing so we attract more talent to exploit thereby maintaining that upward trajectory we all know and love.
Remember 'unlimited PTO'? Yeah, we'll give these guys the same treatment."
But because these statements are public as are the financials etc, they won't just outright say it. I'll bet you quarterly and annual filings have the same type of stuff in the section disclosing current and foreseeable risks.