Stop Walmart Act

[OnePercenter]

Bernie loves the loss of jobs that always happen with 15.00 per hr.

Bullshit. Amazon just raised their minimum to $15.00. Chick-fil-A is paying a minimum of $17.00. My companies pay a minimum of $23.50. All three are doing very well.

You really need to back-off the Putin concept of companies can't afford to pay their employees a living wage.

Bernie loves the loss of jobs that always happen with 15.00 per hr.

Bullshit. Amazon just raised their minimum to $15.00. Chick-fil-A is paying a minimum of $17.00. My companies pay a minimum of $23.50. All three are doing very well.

You really need to back-off the Putin concept of companies can't afford to pay their employees a living wage.

Bernie loves the loss of jobs that always happen with 15.00 per hr.

Bullshit. Amazon just raised their minimum to $15.00. Chick-fil-A is paying a minimum of $17.00. My companies pay a minimum of $23.50. All three are doing very well.

You really need to back-off the Putin concept of companies can't afford to pay their employees a living wage.

You need to.
Some jobs are not suppose to be a living wage.
You get full time permanent jobs in order to get a decent living wage.
It is a fact that some get laid off and some locally owned resturants and businesses close down when 15.00 an hour is forced.

Some jobs are not suppose to be a living wage.

Who told you that, the Walmart seven?

College basic business 101.

Which textbook, syllabus, course out-line was that?

 

[CrusaderFrank]

Student loan debt is a $1.5 Trillion dollar detriment to the US economy.

Which most Congressional members are profiting from

But hey, we're all about f*king the kids , IF there's a $$ in it, right?

go ahead, look it up......

~S~

Obama, world's greatest Predatory lender

That would be Wells Fargo.

Obama's $1.5 Trillion in student loans is #1

 

[OnePercenter]

Do the math.

I thought you were referencing Walmart.

If the government passed a law making buybacks prohibitively expensive like in that bill, companies would stop buying back stock and start paying their cash out in dividends. They wouldn’t increase the pay of their employees.

The reason why is because what shareholders want is cash returned to them. Right now, it’s more tax efficient to return cash via buybacks than dividends. But if you made it more tax efficient to return cash via dividends by raising taxes on buybacks, companies will just increase dividends.

Horseshit. The reason companies buy back stock is to artificially inflate the stock price in order to inflate executive compensation. Those executives either have bonuses based on the stock price, or they have options. By using company money to retire stock they write themselves a raise without doing a damn thing. Anyone with half a damn brain can figure this out. Corporate stock buybacks should be banned, PERIOD.

Companies should be outlawed from owning their own shares?

You have to go to a university to learn such dumbass Stalinist thinking.

They should be outlawed from buying back their shares and retiring them, which is what a stock buyback is. If you had even a minimal education in finance or business you would know that. But then again, you don't have to go to a university to learn such things, but you do have to pull your head out of your ass.

How come you commies weren’t worried when Leftist companies did it?

Apple Says It Will Buy Back $100 Billion in Stock

What does tRumps father in-law have to do with this?

 

[danielpalos]

FANTASTIC!

Bernie Sanders targets Walmart: Bill would block stock buybacks unless workers get $15 minimum wage

why not a simple, national Standard?

 

[OnePercenter]

FANTASTIC!

Bernie Sanders targets Walmart: Bill would block stock buybacks unless workers get $15 minimum wage

Apple Says It Will Buy Back $100 Billion in Stock
So why was there no outrage?

They pay more than $15.00 per hour.

 

[CrusaderFrank]

Why is NY giving Bezos billions?

 

[OnePercenter]

That legislation would be unconstitutional on its face.

Make your point.

He did. The government does not have this authority.

The government doesn't have have the authority to regulate? Since when?

It isn't regulation. It is tyranny and beyond the authority of the Federal Government.

The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act is far from tyranny.

 

[eagle1462010]

That legislation would be unconstitutional on its face.

Make your point.

He did. The government does not have this authority.

The government doesn't have have the authority to regulate? Since when?

It isn't regulation. It is tyranny and beyond the authority of the Federal Government.

The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act is far from tyranny.

Antitrust Laws And You

The three major Federal antitrust laws are:

• The Sherman Antitrust Act
• The Clayton Act
• The Federal Trade Commission Act.

That is the legal path........not forcing companies to pay a set wage that is not uniform in this country.

 

[Toddsterpatriot]

I thought you were referencing Walmart.

If the government passed a law making buybacks prohibitively expensive like in that bill, companies would stop buying back stock and start paying their cash out in dividends. They wouldn’t increase the pay of their employees.

The reason why is because what shareholders want is cash returned to them. Right now, it’s more tax efficient to return cash via buybacks than dividends. But if you made it more tax efficient to return cash via dividends by raising taxes on buybacks, companies will just increase dividends.

The Walmart seven are taking the company private. A shareholder either takes the market offer or stands the risk of their stock losing value. To pay for this, Walmart has paid their employees crap, taught their employees to live off of public assistance, and manipulated government subsidies to build stores. Once the subsidy ran out, the majority of the subsidized stores developed a nationwide plumbing problem and closed.

I think the absolute least Walmart can do is paying their employees $15.00 per hour.

The Walmart seven are taking the company private.

You're lying.

Why are they buying all of their stock back?

Because you're incredibly bad at math.

Walmart doesn't need investors.

And?

 

[Darkwind]

That legislation would be unconstitutional on its face.

Make your point.

He did. The government does not have this authority.

The government doesn't have have the authority to regulate? Since when?

It isn't regulation. It is tyranny and beyond the authority of the Federal Government.

The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act is far from tyranny.

It is very much tyranny. Not only will it NOT stop payments to targeted demographics, but it will also increase payments to more people as jobs are lost. In addition, no company can be held liable for the misspent public trust by elected officials.

The entire argument that because Wal*mart does not pay a wage that keeps people off of public services, makes Wal*mart responsible to the public for those payments is ludicrous.

Would the payments stop if Wal*mart ceased to exist?

They would not, which means they are independent of what any business does.

 

[OnePercenter]

Why is NY giving Bezos billions?

Amazon raised their minimum to $15.00 per hour.

 

[Weatherman2020]

FANTASTIC!

Bernie Sanders targets Walmart: Bill would block stock buybacks unless workers get $15 minimum wage

Apple Says It Will Buy Back $100 Billion in Stock
So why was there no outrage?

They pay more than $15.00 per hour.

When a 1200 sq ft 70 year old house sells at $1.5M, Apple workers are behind Walmart workers.

 

[OnePercenter]

Make your point.

He did. The government does not have this authority.

The government doesn't have have the authority to regulate? Since when?

It isn't regulation. It is tyranny and beyond the authority of the Federal Government.

The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act is far from tyranny.

Antitrust Laws And You

The three major Federal antitrust laws are:

• The Sherman Antitrust Act
• The Clayton Act
• The Federal Trade Commission Act.

That is the legal path........not forcing companies to pay a set wage that is not uniform in this country.

The Stop Walmart Act will be a nice addition.

 

[eagle1462010]

Why is NY giving Bezos billions?

Amazon raised their minimum to $15.00 per hour.

That was a choice and not an order.............big difference.

 

[eagle1462010]

He did. The government does not have this authority.

The government doesn't have have the authority to regulate? Since when?

It isn't regulation. It is tyranny and beyond the authority of the Federal Government.

The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act is far from tyranny.

Antitrust Laws And You

The three major Federal antitrust laws are:

• The Sherman Antitrust Act
• The Clayton Act
• The Federal Trade Commission Act.

That is the legal path........not forcing companies to pay a set wage that is not uniform in this country.

The Stop Walmart Act will be a nice addition.

Snow balls chance in hell.........would be the correct phrase.

 

[Weatherman2020]

Why is NY giving Bezos billions?

Amazon raised their minimum to $15.00 per hour.

And screwed the hard workers who earned raises to get there. My niece was one of them.

 

[CrusaderFrank]

Why is NY giving Bezos billions?

Amazon raised their minimum to $15.00 per hour.

So?

 

[OnePercenter]

The Walmart seven are taking the company private. A shareholder either takes the market offer or stands the risk of their stock losing value. To pay for this, Walmart has paid their employees crap, taught their employees to live off of public assistance, and manipulated government subsidies to build stores. Once the subsidy ran out, the majority of the subsidized stores developed a nationwide plumbing problem and closed.

I think the absolute least Walmart can do is paying their employees $15.00 per hour.

The Walmart seven are taking the company private.

You're lying.

Why are they buying all of their stock back?

Because you're incredibly bad at math.

Walmart doesn't need investors.

And?

What and? Walmart doesn't need investors.

 

[Toro]

Which businesses?

Small businesses.

 

[OnePercenter]

Make your point.

He did. The government does not have this authority.

The government doesn't have have the authority to regulate? Since when?

It isn't regulation. It is tyranny and beyond the authority of the Federal Government.

The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act is far from tyranny.

It is very much tyranny. Not only will it NOT stop payments to targeted demographics, but it will also increase payments to more people as jobs are lost. In addition, no company can be held liable for the misspent public trust by elected officials.

The entire argument that because Wal*mart does not pay a wage that keeps people off of public services, makes Wal*mart responsible to the public for those payments is ludicrous.

Would the payments stop if Wal*mart ceased to exist?

They would not, which means they are independent of what any business does.

Your argument is that a company that misspends corporate subsidies shouldn't be held accountable?