You're suggesting these tens of thousands of illegals who've been camping on HOME DEPOT properties with their full knowledge for decades, are not really illegal aliens?
Posted on 12/08/2017 11:10:51 AM PST by spintreebob
With unemployment low and demand for new homes high, a company like Home Depot could be spending most of its surplus billions on raises for workers or the rollout of new stores.
Instead, it is using $15 billion to buy back shares of its own stock, a move that will reward shareholders including chief executive Craig Menear.
Home Depot’s statement was a reminder that corporate America may have other plans for that cash.
Several companies already have indicated that they will use excess funds to pay off debt, increase dividend payments or repurchase their own shares rather than create new jobs or raise wages. the consensus is that workers will be last in line.
The chain’s founder, Bernie Marcus, was among President Trump’s staunchest supporters during the 2016 campaign, once writing that “the fate of this nation” depended upon his election.
Now, the White House website features a Marcus opinion piece praising the tax cut as “the gift that keeps on giving.” Home Depot last month issued a statement praising the plan for “improving the competitive position of companies so they can create more jobs.”
Several corporations, including AT&T and CVS Health, have publicly touted plans to funnel tax savings into new spending on equipment or hiring. The telecom giant has vowed to boost its annual investment next year by $1 billion, about a 4 percent increase from last year’s $22 billion total.
Over the past five years, companies in the Standard & Poor’s 500-stock index spent $2.6 trillion acquiring their own shares. Information technology companies such as Google’s parent company Alphabet led the way with big banks such as Wells Fargo and Citigroup close behind. Dozens of companies so far this year, including marquee names such as Apple, JPMorgan Chase and Boeing, have spent big on their own stock.
(Excerpt) Read more at washingtonpost.com ...
I'm not sure. Why can people not understand that a company does not expand for the sake of expansion? They will expand only if there is an increase in demand for their goods or services that justifies it, and the tax cut alone will not result in that.
Are purposely being daft?
Truth is, MANY publicly held companies are buying their stock back. Why? Well, it's not to go "private" for one thing, it's mostly about getting control of the company again and protecting against "activist" investors that come in and ruin companies with their SJW agenda's.
Companies used to take the long term view of things, for the last few decades it's always been about "making the quarterly numbers." We need to get back to playing long-ball because that's what the Chinese and Japanese do (for example) and we need to compete with them head to head.
Are you stupid or playing stupid?
Answer the question.
What people (who are only obviously loitering, not trespassing, believing they must be illegals and knowing for sure that they are is a distinction of sorts) do in a parking lot to take advantage of what others may do in the building is a separate issue of what goes on in the building.
You can drive past the “workers”. Even report them if you want. Many communities don’t enforce these complaints even if they aren’t so-called Sanctuary Cities because local officials are cowardly even if they aren’t actively treacherous.
Though, I must say, in my area they actually don’t seem so much hang out in front of our Home Depot or Lowes. From what I’ve heard there’s a number of other locations favored. I just can’t remember where because I never employ such folks for odd jobs and it’s been numerable years since anyone has mentioned to me where those places are.
You answer mine.
You're suggesting these tens of thousands of illegals who've been camping on HOME DEPOT properties with their full knowledge for decades, are not really illegal aliens?
Get lost Fred.
So.... you won’t answer it then... got it.
This guy is another who does not get it: it is their money, not the government’s, not the employees, not the customers. It is their money, the owners or stockholders, lawfully gathered.
One further thing, if they buy back their shares, theory has it, it should raise the value of the outstanding shares which are mostly owned by mutual funds owned by individuals or pension funds underwriting pensions and IRAs.
Lastly, when individuals or funds sell their shares back to the company, they should have a gain upon which THEY PAY TAX.
Ya, you win, now get lost.
I see... OK, I’ll play your game. Make me.
Look, you asked if I supported Democrats. I asked in regards to what?
Why would you evade clarifying your own question? Are you daft?
Pretty simple question I asked considering the context of the thread, but you knew that, and now you’re acting like a triggered lesbian.
No. I’m suggesting that camping is loitering, not trespassing, and that actual knowledge of their illegal status, though it may be reasonably presumed, isn’t gonna inspire city officials to do something about them even if businesses did complain.
Sure thing Butch.
Congress hasn’t even passed a unified version of the tax bill yet and WAPO wants business to start handing out raises?
Didn’t the Senate version of the bill push back the implementation of tax reduction for business to 2019?
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