Wednesday, December 20, 2017
Corps admit they'll pocket their tax windfall
And Repugnantans are ignoring it. Or rather, they know it's true but it doesn't fit the lying spin they are trying to feed the public. Corps will buy back their own stock to inflate its price which generates even more money for its CEO, Board and shareholders. They'll also use it for hostile takeovers of other companies, known euphemistically as mergers and acquisitions, explicitly to even further erode competition and increase their oligarchic market share.