🚀 go-pugleaf

Scott Lurndal <scott@slp53.sl.home> wrote:
> jmfbahciv <See....@aol.com> writes:
>> Scott Lurndal wrote:
>>> jmfbahciv <See....@aol.com> writes:
>>>> Scott Lurndal wrote:
>>>>> J. Clarke <jclarke...@gmail.com> writes:
>>>>>> On Mon, 5 Feb 2018 13:37:35 -0800 (PST), hanc...@bbs.cpcn.com wrote:
>>>>>> 
>>>>>>> On Monday, February 5, 2018 at 9:31:46 AM UTC-5, Scott Lurndal wrote:
>>>>>>> 
>>>>>>>>> "Reverse inversion".  What's "spurious" about it?  US corporate taxes
>>>>>>>>> were ludicrously high
>>>>>>>> 
>>>>>>>> Nonsense.   US Companies were rolling in dough before the
>>>>>>>> manifestly foolish tax plan was passed, which will never
>>>>>>>> be paid for in our children's lifetime.
>>>>>>> 
>>>>>>> +1
>>>>>> 
>>>>>> Spoken like true knee-jerk liberals.
>>>>> 
>>>>> Wow, you can't support your statement so you devolve to namecalling.
>>>> 
>>>> A lot of that money was just sitting overseas collecting dust and interest.
>>>> Now some companies are moving it back to the States using it for
>>>> infrastructure and distributions to employees (which is taxed as income--
>>>> so part of it is ending up in the Federal coffers).
>>> 
>>> Cite?
>>> 
>>> Many (Most?) CEO's have indicated they'll return the cash to shareholders
>> rather
>>> than invest in plant or people.   There obviously will be exceptions by
>>> either altrusistic CEOS (one in 10000) or those currying favor from the
>>> idiot-in-chief.
>> 
>> Shareholders have been experiencing reductions in dividends since the
>> banking system imploded so they should get some.
> 
> No, they haven't.    Every one of my stocks that pay dividends have
> increased the dividend annually for the last decade.   The single
> exception being GE, which suffered self-inflicted financial damage.
> 
> 

But, many companies don't pay dividends, but use the money to goose the
stock price so that shareholders can take the profits as ling-term capital
gains at a lower rate.

-- 
Pete