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3 myths underlying Biden’s proposed increase in tax on stock buybacks

Por: The Hill Business March 05, 2023

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During the State of the Union address recently, President Joe Biden proposed quadrupling the current excise tax on share repurchases, or “buybacks.” Biden and other politicians hold a disdain for share repurchases because they misunderstand our tax system, corporate investment and the relationship between the two. There are three myths Biden is subscribing to.   The first is that .    finds that buyback stocks outperform peers by... + full article



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