How did 11 top corporations — including PepsiCo, ComCast, and Kimberly Clark — spend their spoils from Trump's tax scam? By spending three times as much on stock buybacks as they paid in taxes. Nothing trickled down. https://www.theguardian.com/us-news/2025/apr/09/trump-tax-cuts-stock-buybacks - ThreadSky

rbreich.bsky.social • 15 hours ago

How did 11 top corporations — including PepsiCo, ComCast, and Kimberly Clark — spend their spoils from Trump's tax scam?

By spending three times as much on stock buybacks as they paid in taxes.

Nothing trickled down. https://www.theguardian.com/us-news/2025/apr/09/trump-tax-cuts-stock-buybacks

Comments

rheuphus.bsky.social•14 hours ago

Well .. not sure of the numbers, but a huge $ amt went to the CEOs .. that's a fact

cjdit.bsky.social•12 hours ago

Ugh!

akiro318.bsky.social•13 hours ago

Boycotted corporate soda a bit ago. Now, I buy a locally made soda pop. The one I switched to has better ingredients (cane sugar) Tastes better, too.

jleighton76.bsky.social•15 hours ago

Why do poor people keep voting for this?

headsturn25.bsky.social•15 hours ago

kalakzak.bsky.social•14 hours ago

Nothing ever does "trickle down" except pain, suffering, and a lower quality of living.

pennyflynn.bsky.social•14 hours ago

Cheap supermarket cola is just as good.

grateful-1.bsky.social•14 hours ago

Isn't America wonderful?! 😩🫩😠

alexpontikas.bsky.social•15 hours ago

Trickle down? That is a marketing term...

hawthornep.bsky.social•13 hours ago

That's what THEY ALWAYS DO.

shikha-bee.bsky.social•15 hours ago

Tax system reform is a must! And these buybacks gotta have limits. Corporation over people is the name of the game in this many countries especially U.S. I am so tired of this shit!

alfonzodondiego.bsky.social•1 hour ago

Trickle down economics is ‘the biggest Ponzi scheme of all time’

james00346.bsky.social•7 hours ago

jaydesapplebits.bsky.social•15 hours ago

Trickle up: give them more money, and they'll use it to take more from everyone else.

birwin20.bsky.social•12 hours ago

We need to all work together and kill Pepsi.

Just to show the others that we can.

omgitsdot.bsky.social•15 hours ago

Eventually MAGA has to realize the thing trickling down on them is yellow and smells kinda funny.

callenofgeorgia.bsky.social•15 hours ago

Been saying this for a long time. And they weren't the only ones by a long shot...

Remember my then senator saying how companies would reinvest, hire more people, increase production that would pay more in taxes overall. Instead, CEOs and shareholders benefitted. Now he's ambassador to China.

pharmboy81.bsky.social•15 hours ago

Surprised precisely zero percent by this.

slackingpro.bsky.social•15 hours ago

Weird how the concept of putting money in people's pocket to benefit us all doesn't catch on. Just pure greed.

brawneythe3rd.bsky.social•14 hours ago

👇👇👇👇👇👇👇👇👇

k3ymast3r.bsky.social•15 hours ago

Wait, you mean trickle down economics doesn’t work?!

happyskeptic.bsky.social•15 hours ago

Thanks for all you do to keep this core issue in front of us. Your assessment of what's been happening is so important. Thank you for being out there and helping people understand this Trump nightmare. And thank you for your nauseous optimism. We need hope right now!

seanmillerpdx.bsky.social•15 hours ago

i'm shocked!

desertbunnyjo.bsky.social•15 hours ago

Well, that's a pisser. I think if there were a solution, it would be fixed. It's a privately owned corporation, so....it's in the same category of capitalist free enterprise as pharma bro. Cross the legal line somehow and get slapped. Find that legal line and I'm willing to bet there isn't one.

jamkam6969.bsky.social•15 hours ago

Well isn’t that shocking. Voodoo economics is the zombie that the Repugnant party wont let die.

skybird75.bsky.social•13 hours ago

Always have, always will....

kbizzle13.bsky.social•15 hours ago

Nor will it ever. The word trickle indicates a very small amount distributed slowly over a long period of time. Just another lie perpetrated by a corrupt GOP.

simoneviolette.bsky.social•15 hours ago

They told him they were going to during his first administration before the cuts went into effect.

anti-corrup-party.bsky.social•15 hours ago

Share buybacks used to be illegal, and we need to make it that way again. It is obvious that any tax breaks or incentives that the government gives will not go towards bettering the economy. Look no further than every single pandemic era handout.

minghow1.bsky.social•14 hours ago

The conservative parties in Australia ran up huge debts subsidising corporations, with not even a request for loan repayment.

Now they’re blaming the debts on their successors.

Cons are always liars.

herringk.bsky.social•5 hours ago

People need full time employment with a living wage plus paid health insurance, & family leave. They can afford that & still make a profit. Greed & power, see health care professional. Donating to charities & politicians is not charitable when all employees are not fairly compensated & need SNAP.

barcis2.bsky.social•14 hours ago

Maybe it's time to stop treating Corps as individuals? They shouldn't have the same rights (if any at all)!

pbnurj.bsky.social•9 hours ago

And that’s precisely why I’m not spending money on any of those corrupt piece of shit companies

magicsany.bsky.social•8 hours ago

Stock buybacks do have a trickle-down effect, as they help boost the value of stocks in our retirement portfolios. While executives certainly benefit, the reality is that anyone who owns stocks can also gain from buybacks.

suepkoi75.bsky.social•14 hours ago

Yup and that's how we got Ronald Reagan's horrific inflation and double digit interest rates. Failed model even he clawed back.

patrickhenry48.bsky.social•13 hours ago

Trickle down economics has always been about making rich political donors richer.

adhdbpd.bsky.social•15 hours ago

These rich f**ks all need ➰️

jasonleader.bsky.social•15 hours ago

hpgd.bsky.social•11 hours ago

Been decades since they've had a taste of their own cola.

spikeyboots.bsky.social•1 hour ago

It NEVER trickles down. The idea of trickle down economics is a LIE!

dineris.bsky.social•15 hours ago

Nothing ever trickles down. Voodoo economics.

cdboydston03.bsky.social•14 hours ago

This CORRUPTION by the CORP'1% MUST be STOPPED! This cheating/theft is just RIDICULOUS & WRONG! 🤬 💩 🤑

stonemom.bsky.social•15 hours ago

I'm so shocked! (Okay, JK...)

youvotedforthis2.bsky.social•12 hours ago

That's correct. That Republican "Trickle Down Theory" is a crock. Anyone who believes it will help the middle is either lying or illiterate.

seriesjunkie.bsky.social•15 hours ago

julibcr.bsky.social•10 hours ago

That's what always happens.

kenofseattle.bsky.social•4 hours ago

This is actually dope AF.

angiedplus4.bsky.social•15 hours ago

I worked for Home Depot during Trump 1.0. All we got from his tax scam was a new break room and public bathroom remodel, plus $100. It would have been more money but of course it was taxed an insane amount.

bayley36.bsky.social•15 hours ago

Why do so many working ppl find it so hard to see what's going on with wealth distribution and how they are being taken for mugs?

kimberleelynn.bsky.social•14 hours ago

exskypirate.bsky.social•15 hours ago

Why do we continue to let these tactics be commonly applied?
Between the discrepancy in CEO pay in comparison to the workers, the yearly bonuses paid to them and the blatantly misleading use of stock buy backs we have created a monster.
Pandora’s bank, not box.

blessyourheart32.bsky.social•15 hours ago

Please y'all, it's Concast.
And f*ck all these companies.
None of this is a surprise, it's part of the reason why we have nazis in office now.

thethorhansen.bsky.social•15 hours ago

Trickle Down has always been Trickle Up. Always.

epluribusfractum.bsky.social•6 hours ago

The last thing America needs is more tax cuts for corporations and the wealthy.

rockwils1.bsky.social•4 hours ago

rpdub.bsky.social•15 hours ago

Buncha scumbags

karenshareharr.bsky.social•14 hours ago

🤬🤬

yrrej1.bsky.social•9 hours ago

Crooks.

r0ned2.bsky.social•15 hours ago

📌

rottensisters.bsky.social•12 hours ago

Boycott boycott boycott. The American consumer can collectively put a company out of business. #buynothing

bselena.bsky.social•13 hours ago

No employee profit sharing or bonuses. But bonuses for CEO’s
They are enslaving workers but workers do not realize it???

shawnteixeira.bsky.social•15 hours ago

We’re being peed on!

lkh1066.bsky.social•15 hours ago

I think stock buybacks should either be forbidden over a certain small amount or be otherwise heavily regulated. They are just market manipulation.

mikeaz1969.bsky.social•9 hours ago

Has anything EVER “ trickled down” ??? it was a scam since I heard Regan spew the words!!!

sunbirdie.bsky.social•9 hours ago

In 2017, following the Trump tax cuts, my CEO was asked at a town hall about increased compensation for existing employees or hiring additional people to cover an increasing workload. His response was that the money was needed for "additional R&D" for the time being and

sunbirdie.bsky.social•9 hours ago

we'd all get a bigger piece of the pie later. That year, he and other execs got enlarged bonuses, we did a stock buyback and increased the dividend, and bonuses and salary increases for rank and file were minimal. Please don't ask me to hold THAT football again, Lucy.

1967honoredqueen.bsky.social•15 hours ago

Positively infuriating.

nebrgirl.bsky.social•12 hours ago

😒

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