Name:   GoneFishin - Subject:   Dementia Joe's tax plan screws the middle class Date:   4/29/2021 1:33:05 PM

Of course, they used buybacks in the past. From Forbes,  it really accelerated after the tax cut.... 

The underlying logic for the TCJA was that allowing companies to keep a greater share of profits, would stimulate investments in long term growth. Instead, the dominant company response to the TCJA was stock buybacks. For the first three quarters of 2018, buybacks were $583.4 billion (up up 52.6% from 2017)