Stock buybacks are just legal pump and dumps.

Warren Buffett: Stock buyback critics “either economic illiterate or silver-tongued demagogue”

Source: a man who made billions off stock buybacks…

Clearly not a biased source at all with no ulterior motive whatsoever.

Tax deferral and timing-optimized selling means less revenue for the politicians, which is why leftists and their media lapdogs are so vocally attacking stock buybacks & unrealized gains. Buybacks help keep cash deployed in the private sector, rather than be wasted by government. In other words, capital is better deployed to sustain & grow the economy rather than have it flushed on useless wars, campaign contributor kickbacks, inefficient bureaucracies, and other wasteful spending we see year in and year out.

You know if that money were gonna go to taxes instead of buy backs…no wait even then you wouldn’t have a point…

If stock buy backs were banned then that money would be invested in other means to produce more revenue such as research, equipment and material upgrades, better staff, and better training to increase growth.

The reason the left hate stock buybacks is because it artificially inflates the value of stock despite no new revenue being produced.