That mfer looks more like Walter every day
Bigballin said:
Jill teaches full time?
AlaskanAg99 said:
This is high school level promises.
Everything for everybody!
It's not a "distribution" any more so than the stock appreciating in value on any given day. It merely decreases the outstanding shares. Until the stock is sold there is no realized gain. The government will benefit from those closing their position in due time. This is just more thievery.Dan Scott said:HowdyTAMU said:
So they enacted a 1% tax on corporate stock buybacks this past year to reduce inflation. Now he wants to make it 4%. Why should there be any tax on buying stock at fair market value?
Tax and spend liberals! They never change, but they're making an especially evil form of them lately.
Buybacks are a tax free distribution to the shareholder. The government wanted to get their hand on it.
Its called being a democrat. See their supreme leader:AlaskanAg99 said:
This is high school level promises.
Everything for everybody!
Bigballin said:
Jill teaches full time?
..and from a lab overseen by fruaciShotOver said:
It came from China
Can't teach an old dog new tricks.justcallmeharry said:She is trying to housebreak him - that's a full-time job.Bigballin said:
Jill teaches full time?
jt2hunt said:
Did MTG walk in with a balloon?
HowdyTAMU said:It's not a "distribution" any more so than the stock appreciating in value on any given day. It merely decreases the outstanding shares. Until the stock is sold there is no realized gain. The government will benefit from those closing their position in due time. This is just more thievery.Dan Scott said:HowdyTAMU said:
So they enacted a 1% tax on corporate stock buybacks this past year to reduce inflation. Now he wants to make it 4%. Why should there be any tax on buying stock at fair market value?
Tax and spend liberals! They never change, but they're making an especially evil form of them lately.
Buybacks are a tax free distribution to the shareholder. The government wanted to get their hand on it.
Also importantly it reduces a company's WACC. The worse they make it for companies to manage the right side of the balance sheet with this option, the more companies will over-lever and create more risk in their capital structure. Or companies will just decide it's not worth going public.HowdyTAMU said:It's not a "distribution" any more so than the stock appreciating in value on any given day. It merely decreases the outstanding shares. Until the stock is sold there is no realized gain. The government will benefit from those closing their position in due time. This is just more thievery.Dan Scott said:HowdyTAMU said:
So they enacted a 1% tax on corporate stock buybacks this past year to reduce inflation. Now he wants to make it 4%. Why should there be any tax on buying stock at fair market value?
Tax and spend liberals! They never change, but they're making an especially evil form of them lately.
Buybacks are a tax free distribution to the shareholder. The government wanted to get their hand on it.
Dan Scott said:HowdyTAMU said:It's not a "distribution" any more so than the stock appreciating in value on any given day. It merely decreases the outstanding shares. Until the stock is sold there is no realized gain. The government will benefit from those closing their position in due time. This is just more thievery.Dan Scott said:HowdyTAMU said:
So they enacted a 1% tax on corporate stock buybacks this past year to reduce inflation. Now he wants to make it 4%. Why should there be any tax on buying stock at fair market value?
Tax and spend liberals! They never change, but they're making an especially evil form of them lately.
Buybacks are a tax free distribution to the shareholder. The government wanted to get their hand on it.
It increases the shareholders ownership in the corporation tax free. The corp could pay a dividend and shareholder is taxed on it. Shareholder can do whatever they want with the after tax dividends like buy more of the stock or go buy a car. The share buyback allows the shareholder to own more of the company without having to incur the tax by receiving the cash.