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Topic	Major Corporations say they will turn most gains from tax cuts to shareholders
Paper_Okami 11/29/17 2:31:08 PM #23:	The Admiral posted... mario2000 posted... 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. It's almost like this is the very problem we're discussing. You're confusing "problem" with "something you don't like." Yes, most people don't like things that screw them over. --- "Conceit, arrogance and egotism are the essentials of patriotism"- Emma Goldman "Wimmy Wham Wham Wozzle!" -Slurms MacKenzie <cite>Paper_Okami posted [p:891278020] in Major Corp... [t:76043731]...</cite> <quote><cite>The Admiral posted...</cite> <quote><cite>mario2000 posted...</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> It's almost like this is the very problem we're discussing.</quote> You're confusing "problem" with "something you don't like."</quote> Yes, most people don't like things that screw them over. --- "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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