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View Diary: Federal taxes lowest since 1950 (196 comments)

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  •  no it doesn't (0+ / 0-)

    The shares just get traded back and forth to determine who owns what.  Virtually no Fortune 500 company uses new stock shares to raise capital anymore. The stock market ceased decades ago to be an investment tool--they are now just casinos. Stock shares are either a way for the idle rich to entertain themselves by gambling their money away on the market, or for CEO's to get obscenely fat compensation packages that they will never spend anyway, just to show off their peacock feathers to everyone else.

    And as I noted, I don't intend to BUY their shares.  I intend to TAKE them.

    Then they can go find a job like everyone else.

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