Revisiting corporate greed’s effect on the supply chain (with Rakeen Mabud)
Pitchfork Economics with Nick Hanauer
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Stock Buybacks Are Driving Us Crazy, Right?
Roxanne Jones: Corporate greed is best reflected in the stock buyback thing, which is just the most egregious part of our economy. $850 billion per year is enough to basically fix every road bridge, school, name your thing in America in three years or four years," she says. "It's just an unbelievable amount of money that is really creating no social value" The way to get corporations to reinvest and actually build capacity is to raise the corporate income tax rate to 45% or 50%.
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