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ed benett's avatar

As someone not that interested in business, all I had before reading this report, was a gut feeling that there was something wrong with a system that allowed so much inequality to grow. I reflexively blamed the government for drastically lowering tax rates and leaving enough loopholes in the tax code to permit huge accumulations of wealth. Now, I see — through your report — there is much more at work. Thank you for bringing clarity to me.

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JennSH from NC's avatar

If this stock buy back scheme is carried out to its fullest extent, won't a company eventually go out of business because the executives did not look after the means of production, so to speak. All this crap makes me think of the story of Pinocchio and the boys who wound up on Pleasure Island turning into donkeys to work in the salt mines.

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