alt Hacker News> turn to the government to finally build in some proper labor laws and other obvious controls (how about re-banning stock buybacks?)
What would banning stock buybacks accomplish? Companies can still return capital to shareholders in the form of dividends.
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echelon • today at 5:33 AM
Dividends are immediately taxable.
Stock buybacks are designed to let the shareholder see the same upside, but decide when to take the taxable event. Long term gains are also preferable to non-qualified dividends.
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Dividends don't grow the stock as quickly. They can and will do that, but the goal is to change the incentive structure back to long term growth and not "stock buyback and dip from company in a year".