Follow the money – 91% of corporate earnings from 2003 to 2012 were used to stock buy backs and dividends…

 

A September 2014 article in the Harvard Business Review called “Profits Without Prosperity ”  highlighted that 449 of the S&P500 companies allocated 91% of their $2.4 trillion in corporate earnings from 2013 through 2012  to fund stock buy backs and payout dividends to shareholders.  None of these profits were ‘invested’ in America.  By using 2. 2 trillion to buy back stocks, these corporations drive up the price of their publicly traded stocks.  Of course all the senior managers  have stock options, so they profit handsomely.  Oh and those gains are taxed at 15%!

Just more depressing insight into the state of our American kleptocracy…  So we all can be informed…

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

©2017 KLEO Template a premium and multipurpose theme from Seventh Queen

Log in with your credentials

Forgot your details?

Skip to toolbar