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Topic	Major Corporations say they will turn most gains from tax cuts to shareholders
Paper_Okami 11/29/17 2:23:56 PM #16:	The Admiral posted... What exactly do you expect corporations to do with their profits? They have a fiduciary responsibility to maximize value for shareholders. Hiring employees to grow the business is the best way to do that if there is a market opportunity. But if there isn't, they distribute the profits back as dividends. I expect them to exactly do that, which is Exactly why they SHOULDN'T get those tax cuts --- "Conceit, arrogance and egotism are the essentials of patriotism"- Emma Goldman "Wimmy Wham Wham Wozzle!" -Slurms MacKenzie <cite>Paper_Okami posted [p:891277577] in Major Corp... [t:76043731]...</cite> <quote><cite>The Admiral posted...</cite> <quote>What exactly do you expect corporations to do with their profits? They have a fiduciary responsibility to maximize value for shareholders. Hiring employees to grow the business is the best way to do that if there is a market opportunity. But if there isn't, they distribute the profits back as dividends.</quote> I expect them to exactly do that, which is Exactly why they SHOULDN'T get those tax cuts --- "Conceit, arrogance and egotism are the essentials of patriotism"- Emma Goldman "Wimmy Wham Wham Wozzle!" -Slurms MacKenzie</quote> ... Copied to Clipboard!
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