> turn to the government to finally build in some proper labor laws and other obvious controls (how about re-banning stock buybacks?)

What would banning stock buybacks accomplish? Companies can still return capital to shareholders in the form of dividends.

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johnnyanmac 5 hours ago | parent | next [-]

Dividends don't grow the stock as quickly. They can and will do that, but the goal is to change the incentive structure back to long term growth and not "stock buyback and dip from company in a year".

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echelon 5 hours ago | parent | prev [-]

Dividends are immediately taxable.

Stock buybacks are designed to let the shareholder see the same upside, but decide when to take the taxable event. Long term gains are also preferable to non-qualified dividends.

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Marsymars 4 hours ago | parent [-]

Even worse for non-American stockholders of American companies - the IRS charges a 30% foreign withholding tax on dividends. If you ban stock buybacks in favour of dividends, it’s a big tax increase on foreigners, so US stocks lose a whole pile of value for American stockholders when foreigners dump American equities until the ROI equalizes. (Roughly 20% of US equities are foreign-owned.)

	▲	reactordev 32 minutes ago \| parent [-]
		They’ll funnel it through a US based shell company. C’mon now.