4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta’s entire market value::Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta’s combined spending.
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600 billion worth of:
- Unpaid wages
- Fairer/Higer wages
- Better working conditions
- Additional jobs
- Environmental damage averted
- Research & development
Why are stock buybacks not taxed at 80%?
They were basically illegal until 1982. It was considered, and I believe still is, market manipulation.