Comment by reducesuffering

Comment by reducesuffering 8 hours ago

This is partly due to tax policy. Investors don't want this. Distributing dividends is less efficient capital distribution because those capital gains are immediately taxed rather than be deferred into a higher share price with no tax drag.

saalweachter 5 hours ago

Oh no, capital would be taxed!

Don't threaten me with a good time.

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HDThoreaun 8 hours ago

This is why every tech company does buybacks(other than meta which started a dividend when Mark got sick of high interest rates on his debt, they still mainly do buybacks though)

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