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Koester and Hoopes: In defense of share buybacks (The Hill)

Write-Off: The Tax Blog

Senate Democrats are considering an array of new taxes to pay for their large budget bill. One tax being considered imposes a 2 percent tax on corporate share repurchases. It has been a rough couple of years for share repurchases. They continue to take a beating from buyback bullies on both the right and the left. How frequently do Sen. Bernie Sanders (I-Vt.) and former President Trump agree? Buybacks are that rare instance.

Read the rest at The Hill.

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