For most workers, the tax cut windfall will disappear
For most workers, the tax cut windfall will disappear
- But stock buybacks do little to create jobs or reduce America's inequality problem. “Stock buybacks are purely for the shareholder,” said Ian Winer, head of equities at Los Angeles-based Wedbush Securities. “It is very difficult to argue buybacks are good for the overall economy or average worker.”.
- But stock buybacks do little to create jobs or reduce America's inequality problem. “Stock buybacks are purely for the shareholder,” said Ian Winer, head of equities at Los Angeles-based Wedbush Securities. “It is very difficult to argue buybacks are good for the overall economy or average worker.”.