RockBottom@feddit.org to Late Stage Capitalism@lemmy.worldEnglish · 5 days agoTaxesfeddit.orgimagemessage-square93linkfedilinkarrow-up1791
arrow-up1791imageTaxesfeddit.orgRockBottom@feddit.org to Late Stage Capitalism@lemmy.worldEnglish · 5 days agomessage-square93linkfedilink
minus-squareDragon@lemmy.mllinkfedilinkarrow-up14·5 days agoBetween 1995 and 2021, on average, US companies spent 78 percent of their net income on paying shareholders https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-strategy-and-corporate-finance-blog/share-repurchases-still-dont-prop-up-value
minus-squareiii@mander.xyzlinkfedilinkEnglisharrow-up1·4 days agoMakes sense, since net income is what’s leftover after costs (including wages), and taxes?
minus-squareDragon@lemmy.mllinkfedilinkarrow-up1·edit-21 day agoYou are right. It’s hard to find good data on average percentages of earnings that go to workers vs owners, which would be more interesting/relevant to the post. Do you know how to find that?
Between 1995 and 2021, on average, US companies spent 78 percent of their net income on paying shareholders https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-strategy-and-corporate-finance-blog/share-repurchases-still-dont-prop-up-value
Makes sense, since net income is what’s leftover after costs (including wages), and taxes?
You are right. It’s hard to find good data on average percentages of earnings that go to workers vs owners, which would be more interesting/relevant to the post. Do you know how to find that?