• finitebanjo@lemmy.world
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    6 days ago

    But they could still sell and decrease their taxable income for the amount lost, meaning they will effectively always have about 37% of the value no matter how low the stock falls.

    And if they turned around and performed a stock buyback when its low then if ever the “revolutionaries” fail that quarter or fall out of popularity then the shareholders could be looking at incredible profits.

    This is a political problem that can only be solved by engaging in politics.