RockBottom@feddit.org to Late Stage Capitalism@lemmy.worldEnglish · 1 month agoTaxesfeddit.orgimagemessage-square91linkfedilinkarrow-up1793arrow-down125
arrow-up1768arrow-down1imageTaxesfeddit.orgRockBottom@feddit.org to Late Stage Capitalism@lemmy.worldEnglish · 1 month agomessage-square91linkfedilink
minus-squareDragon@lemmy.mllinkfedilinkarrow-up14·1 month 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-up1·1 month agoMakes sense, since net income is what’s leftover after costs (including wages), and taxes?
minus-squareDragon@lemmy.mllinkfedilinkarrow-up1·edit-21 month 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?