zlacker

I think it’s good if human working time shifts from oil exploration to other ventures.

That’s what happens when the oil companies do buybacks instead of investing the money

>>konsch+(OP)
If you seek the assassination of a company, it is better to tax them to death instead.

This way at least the money stay in country, instead of sending overseas checks.

>>konsch+(OP)
That's a good point. However why not just hand out dividends? From what I understand stock buybacks are basically dividends with tax benefits.

>>geyser+i9
That’s why they don’t just hand out dividends. If you want to take money out of the business just sell some shares. Long term capital gains in the US isn’t bad.

>>throwa+tS
Plus dividends are independent from the stupid market valuations. Everyone benefits the same, not just the folks who will sell after the uptick of price