Yes, it helps the shareholders and many people have a stake via mutual funds, etc.
The problem is the repatriation was supposed to lead to more business investment and therefore long term growth, but that hasn't happened.
The corporations didn't invest the money, they gave it to the shareholders.
The corporations didn’t invest the money, they gave it to the shareholders.
+++++
I suppose you could be right about that. But I seriously doubt it. You will need some real evidence to convince me.
“The corporations didn’t invest the money, they gave it to the shareholders.”
Who, in turn, pump it into the Economy one way or another!
The corporations didn’t invest the money, they gave it to the shareholders.
buybacks helping the market to record highs, some have sold a percentage to take profits , large increase in dividends ...this is extra disposable income into the US economy....
plus from here on out...Now when somebody in India buys diapers from Kimberly-Clark or whatever....the profit from that doesn’t just sit in a piggy bank overseas...it is more likely to be brought back here .....
Silly comment. After receiving the money, the shareholders did what??
Answer....they either spent it or re-invested it...both of which grow the economy. The net effect is exactly the same.
And the shareholders either:
(a) let it ride,
(b) invested it in other companies, who did invest it, or
(c) spent it.
IMHO, any of those 3 things benefited the US.
Which do you think didn't benefit our country?