RockBottom@feddit.org to Late Stage Capitalism@lemmy.worldEnglish · 2 months agoTaxesfeddit.orgimagemessage-square91linkfedilinkarrow-up1796arrow-down125
arrow-up1771arrow-down1imageTaxesfeddit.orgRockBottom@feddit.org to Late Stage Capitalism@lemmy.worldEnglish · 2 months agomessage-square91linkfedilink
minus-squareDragon@lemmy.mllinkfedilinkarrow-up14·2 months 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-up1·2 months agoMakes sense, since net income is what’s leftover after costs (including wages), and taxes?
minus-squareDragon@lemmy.mllinkfedilinkarrow-up1·edit-22 months 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?