Robert Reich on Nostr: Since 2017, the 15 largest corporate beneficiaries of Trump's tax cuts have spent ...
Since 2017, the 15 largest corporate beneficiaries of Trump's tax cuts have spent $839 billion on stock buybacks.
These buybacks didn't create more jobs, increase wages, or grow the economy — but they did juice CEO pay.
Nothing trickled down to workers.
Published at
2024-10-28 00:34:03Event JSON
{
"id": "22ad97b69f4587bbfd2490284a52999e6f3f41c4d648a66133a8c3e70257cf7f",
"pubkey": "68ac0f27c0545377ec6e7c5ce6aa2d6ef8aa1edadc6a8c2ffae8eda07f26affc",
"created_at": 1730075643,
"kind": 1,
"tags": [
[
"proxy",
"https://masto.ai/users/rbreich/statuses/113382237375112040",
"activitypub"
]
],
"content": "Since 2017, the 15 largest corporate beneficiaries of Trump's tax cuts have spent $839 billion on stock buybacks.\n\nThese buybacks didn't create more jobs, increase wages, or grow the economy — but they did juice CEO pay.\n\nNothing trickled down to workers.",
"sig": "55eaab2f8c5218ebddc1be14e5c68694567cb138f6b797b78a863a197831902a25f444e04b2a3aa10c3a4244ed4f1dc73c3cd57e307141c8b1d0b42d22a957f9"
}
