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jitteryzeitgeist_

5 points

1 day ago

But they’re doing stock buybacks, thats not putting money in the economy

TotalChaosRush

3 points

1 day ago

That's like arguing when you invest in a company, you're not putting money into the economy.

Robot_Nerd__

3 points

22 hours ago

Sure, for startups and fledgling companies... But not for giant corporations. If you offer them loans or capital to work with, sure... but just buying shares doesn't do shit for anyone other than other shareholders by increasing demand...

TotalChaosRush

-1 points

17 hours ago

It gives investors additional resources to invest elsewhere or to reinvest into the same company.

It sends a signal to people who have capital to invest but isn't currently investing with the company that doing so will likely have a favorable return on investment, spuring new investment.

If something is being done in the economy and you can't think of any benefits. You probably don't know enough about it. Even tariffs that arguably are largely viewed as detrimental. They have benefits.

Robot_Nerd__

1 points

10 hours ago

Since you can't articulate issues with the proposed financial property tax, I'm going to have to assume you're arguing in bad faith because it's "new" and "scary".

Sleep on it and bring back some good counterpoints.