In •principle•, a company being able to raise the share price with buybacks instead of growth could help enable “good thing that lasts” models.
In principle. Not what’s happening in practice, clearly.
With that line of thinking in mind, I appreciate what @JessTheUnstill said:
https://infosec.exchange/@JessTheUnstill/111880357905897471
Yeah, what about dividends? What if we made •them• tax-advantaged — or at least not disadvantaged relative to capital gains?
2/2