@ISIDEWITHQuestionseconomyStarted 2yrs agoActive 6mos ago

Should the government tax stock buybacks?

Stock buybacks are the re-acquisition by a company of its own shares. It represents an alternate and more flexible way (relative to dividends) of returning money to shareholders. When used in coordination with increased corporate leverage, buybacks can increase share price. In most countries, a corporation can repurchase its own stock by distributing cash to existing shareholders in exchange for a fraction of the company's outstanding equity; that is, cash is exchanged for a reduction in the number of shares outstanding. The company either retires the repurchas…  

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Answer Overview

Response rates from 382 India voters.

35%
Yes
65%
No
33%
Yes
55%
No
2%
Yes, but I would prefer if they were banned
7%
No, the biggest beneficiary of stock buybacks are pension funds and mutual funds
4%
No, there is no evidence that firms that engage in buybacks reduce their investments

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Other Popular Answers

Unique answers from India voters whose views went beyond the provided options.

 @9GVR7DW  from GU  answered…6mos6MO

Yes, but only if they don't benefit the investors or promote growth practices at the company

 @9C26GXBanswered…2yrs2Y

Don't have any opinion

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 @ISIDEWITH submitted…7mos7MO

Biden will lift ban on offensive weapons sales to Saudi Arabia

The Biden administration has decided to lift a ban on U.S. sales of offensive weapons to Saudi Arabia, five sources familiar with the matter told Reuters on Friday, reversing a three-year-old policy to pressure the kingdom to wind down the Yemen war."The Saudis have met their end of the deal, and we are prepared to meet ours," a senior Biden administration official said.Under U.S. law, major international weapons deals must be reviewed by members of Congress before they are made final. Democratic and Republican lawmakers have questioned the provision of offensive weapons to Saudi Arabia in recent years, citing issues including the toll on civilians of its campaign in Yemen and a range of human rights concerns.But that opposition has softened amid turmoil in the Middle East following Hamas' deadly Oct. 7 attack on Israel and because of changes in the conduct of the campaign in Yemen.The threat level in the region has been heightened since late last month, with Iran and Lebanon's powerful Iran-backed Hezbollah group vowing to retaliate against Israel after Hamas' political chief Ismail Haniyeh was killed in Tehran.The Biden administration also has been negotiating a defense pact and an agreement for civil nuclear cooperation with Riyadh as part of a broad deal that envisions Saudi Arabia normalizing ties with Israel, although that remains an elusive goal.Since March 2022 - when the Saudis and Houthis entered into a U.N.-led truce - there have not been any Saudi airstrikes in Yemen and cross-border fire from Yemen into the kingdom has largely stopped, the administration official said.

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 @ISIDEWITH submitted…5mos5MO

First Transgender Congresswoman: Sarah McBride’s Historic Run in the Hot Seat

Democrat Sarah McBride is expected to make history next week as the first openly transgender person elected to the U.S. Congress.She is no stranger to making history: In 2016 she became the first openly transgender person to address a major U.S. political convention and in 2020 became the first to serve in a U.S. state Senate.McBride, 34, is favored to win Delaware's sole seat in the U.S. House of Representatives, after securing the Democratic nomination in a competitive September primary and is expected to easily win a seat that the three major U.S. nonpartisan political rating services rate solidly Democratic."The fact that the candidacy of someone like me is even possible... is a testament to Delawareans," McBride said in a Saturday interview.However, she sought to play down the history-making nature of her nomination and expected election."People have seen that I have a track record of rolling up my sleeves, digging into the details, bringing Democrats and Republicans together," she said. "That's what I've been campaigning on. I'm not running on my identity."Transgender rights have become a political flashpoint in the U.S. Lawmakers in 37 U.S. states introduced at least 142 bills to restrict gender-affirming healthcare for trans and gender-expansive people in 2023, Reuters reported, nearly three times as many as the previous year. In Congress, Republicans have pushed anti-trans bills at the national level for years.McBride is not worried about working with people who oppose transgender rights in Congress, saying she will focus on members open to bipartisanship, even if they do not fully agree with her values."If democracy is going to work, we have to be able to have conversations across disagreement," she said. "There is a responsibility that comes with being first, but (that) doesn't matter if I don't fulfill the responsibility of just being the best member of Congress that I can be for Delaware."

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