Quote:
Originally Posted by JSWolf
These corporate layoffs are coming after the Trump tax cuts.
It's the higher ups getting ore money and then being the greedy types they are, they want even more.
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The market is really high right now. That means the smart money is going to get out (i.e. rich people). But how to do that without generating a big selloff? Easy, you bribe the politicians to give big corporate tax cuts to fund stock buybacks. The money that would have gone to the government gets diverted to the wealthy stockholders, and then it all comes crashing down after they have taken their profits at the top!
Plutocracy 101 :-)